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Bookmarking Crypto InsightsWed, 08 Mar 2023 00:30:02 +0000en-US
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3232Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
https://www.digit.info/fed-chair-powell-on-crypto-we-see-turmoil-fraud-lack-of-transparency-run-risk/
Wed, 08 Mar 2023 00:30:02 +0000https://www.digit.info/2023/03/08/fed-chair-powell-on-crypto-we-see-turmoil-fraud-lack-of-transparency-run-risk/Read more]]>Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]
]]>Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
https://www.digit.info/fed-chair-powell-says-crypto-needs-new-regulation-citing-risks-to-us-financial-system/
Wed, 23 Mar 2022 23:30:04 +0000https://www.digit.info/2022/03/23/fed-chair-powell-says-crypto-needs-new-regulation-citing-risks-to-us-financial-system/Read more]]>The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell talked about the need to establish new regulation for cryptocurrency Wednesday […]
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell talked about the need to establish new regulation for cryptocurrency Wednesday […]