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Category: Federal Reserve Chairman
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Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind
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Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
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US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
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Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect its price to drop to […]
The post Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin appeared first on Bitcoin News.
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Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.” ‘Unsustainable Path’ The Federal Reserve chairman testified before the Senate banking committee on […]
The post Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion appeared first on Bitcoin News.
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also informed that the Financial Stability Board will soon issue its crypto […]
The post G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards appeared first on Bitcoin News.
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Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most of the top 20 cryptocurrencies have seen […]
The post Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear appeared first on Bitcoin News.
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