Bitcoin News / Bitcoin.com - 2 years ago
Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who may or may not understand w...
Cryptocoins News / The Cointelegraph - 2 years ago
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell. United States Feder...
Bitcoin News / Bitcoin.com - 2 years ago
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a cent...
Cryptocoins News / CoinJournal - 3 years ago
Jerome Powell getting a second term as Fed chair has changed the crypto macro sentiment, according to Mike Novogratz
He says Fed acting on inflation with speed could slow down markets, including cryptocurrency
Despite the potential for a price slowd...
Cryptocoins News / The Cointelegraph - 3 years ago
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto. President Joe B...
Bitcoin News / Bitcoin.com - 3 years ago
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thw...
Cryptocoins News / The Cointelegraph - 3 years ago
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. The United States Federal Reserve is still evaluating th...
Cryptocoins News / The Cointelegraph - 3 years ago
The Federal Reserve chairman had to explain what he meant by the term "transitory" inflation as he admitted that consumer prices have gone higher than he and other central bank officials...
Bitcoin News / Bitcoin.com - 3 years ago
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S....
Bitcoin News / Bitcoin.com - 3 years ago
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeti...