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3232The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
https://www.digit.info/the-fed-will-keep-focusing-on-crypto-fed-governor-says-we-do-not-want-to-hinder-innovation/
Thu, 12 Jan 2023 03:00:14 +0000https://www.digit.info/2023/01/12/the-fed-will-keep-focusing-on-crypto-fed-governor-says-we-do-not-want-to-hinder-innovation/Read more]]>Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency and potential financial stability risk.” Fed Governor on Crypto, US Economy, and […]
]]>Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar
https://www.digit.info/fed-governor-waller-skeptical-of-central-bank-digital-currencies-says-hes-not-a-big-fan-of-the-fed-issuing-digital-dollar/
Wed, 26 Oct 2022 22:00:47 +0000https://www.digit.info/2022/10/26/fed-governor-waller-skeptical-of-central-bank-digital-currencies-says-hes-not-a-big-fan-of-the-fed-issuing-digital-dollar/Read more]]>Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Reserve Chairman Jerome Powell recently said that the central bank has not decided whether to issue a digital dollar. Fed Governor […]
]]>Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
https://www.digit.info/federal-reserve-governor-supports-more-75bps-rate-hikes-citing-significant-risk-of-high-inflation-into-next-year/
Tue, 09 Aug 2022 00:30:20 +0000https://www.digit.info/2022/08/09/federal-reserve-governor-supports-more-75bps-rate-hikes-citing-significant-risk-of-high-inflation-into-next-year/Read more]]>Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel, and vehicles.” The Fed governor also noted that crypto assets “could benefit from more […]
]]>Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation
https://www.digit.info/federal-reserve-governor-argues-against-subjecting-stablecoins-to-full-banking-regulation/
Thu, 18 Nov 2021 00:30:46 +0000https://www.digit.info/2021/11/18/federal-reserve-governor-argues-against-subjecting-stablecoins-to-full-banking-regulation/Read more]]>Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks should be able to issue stablecoins, not all stablecoin issuers […]
]]>Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
https://www.digit.info/bitcoin-going-through-the-roof-unlike-assets-controlled-by-government-says-former-fed-governor/
Sat, 09 Jan 2021 18:45:25 +0000https://www.digit.info/2021/01/09/bitcoin-going-through-the-roof-unlike-assets-controlled-by-government-says-former-fed-governor/Read more]]>Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor Is Bullish on Bitcoin Kevin Warsh was […]