Reserve Bank warns Aussies over punting on fad driven cryptocurrencies
Reserve warns

Reserve Bank warns Aussies over punting on fad driven cryptocurrencies

The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in…

Federal government Reserve governor questions dependence on CBDCs
Federal Reserve

Federal government Reserve governor questions dependence on CBDCs

A senior official at the Federal Reserve has said he is unconvinced of the case for central bank digital currencies (CBDCs), highlighting concerns about whether CBDCs can help with financial inclusivity. Federal Reserve Governor Randal Quarles, who also heads the Financial Stability Board, made the comments at the annual Milken Institute Global Conference, which brings…

Federal Reserve Seat Jerome Powell: U.S. DOES NOT HAVE ANY Programs To Ban Bitcoin and Crypto
Federal Reserve

Federal Reserve Seat Jerome Powell: U.S. DOES NOT HAVE ANY Programs To Ban Bitcoin and Crypto

Federal Reserve Chairman Jerome Powell has confirmed that the U.S. has no plans to ban Bitcoin and cryptocurrencies.On Thursday afternoon during the Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response hearing Federal Reserve Chairman Jerome Powell confirmed that the U.S. has no plans to ban Bitcoin and cryptocurrencies. During the hearing, House Representative Ted…

Federal Reserve worries related to stablecoins as pressure mounts about Tether
Federal Reserve

Federal Reserve worries related to stablecoins as pressure mounts about Tether

Home » Business » Federal Reserve worries about stablecoins as pressure mounts on Tether The U.S. Federal Reserve recently released minutes of its latest meeting, and one of the topics they discussed was stablecoins. Specifically, the world’s most powerful central bank is worried about the risk stablecoins pose to financial stability. The Fed likened stablecoins…

Reserve Bank of India mulls first steps toward an eventual CBDC
India Reserve

Reserve Bank of India mulls first steps toward an eventual CBDC

RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo.

Federal Reserve recognized: Stablecoin growth is usually ‘exponential,’ deserves ‘attention’
Federal Reserve

Federal Reserve recognized: Stablecoin growth is usually ‘exponential,’ deserves ‘attention’

Boston Federal Reserve President Eric Rosengren notes that Tether could be a “disruptor” to short term credit markets.

The Government Reserve, Reverse Repo And Bitcoin
Federal Reserve

The Government Reserve, Reverse Repo And Bitcoin

In this episode of “Fed Watch,” the hosts discussed the latest in the bitcoin market and macroeconomics.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastIn this episode of Bitcoin Magazine’s “Fed Watch” podcast, we, your hosts Christian Keroles and Ansel Lindner, are back from a well-deserved break. We started out the show by reminiscing about the…

Reserve Lender of India (RBI) Claims Crypto Businesses Okay for Indian Banks
Cryptocurrency India Reserve

Reserve Lender of India (RBI) Claims Crypto Businesses Okay for Indian Banks

A new official notice published by the Reserve Bank of India (RBI) has positively impacted crypto enthusiasts in India as the central bank pointed out that a previous circular preventing banks from making business with crypto industries is no longer valid.The notice was addressed to all commercials and cooperative banks, payment banks, small finance banks,…

US Federal Reserve to publish research paper as it digs deeper into CBDC
Federal Reserve

US Federal Reserve to publish research paper as it digs deeper into CBDC

Home » Business » US Federal Reserve to publish research paper as it digs deeper into CBDC The U.S. Federal Reserve is digging deeper into the feasibility of a central bank digital currency (CBDC). In its latest statement, the Fed has confirmed that it’s publishing a discussion paper in the summer exploring the implications of…

Reserve Bank of India warns banks to cut all ties with digital currency exchanges
India Reserve

Reserve Bank of India warns banks to cut all ties with digital currency exchanges

Home » Business » Reserve Bank of India warns banks to cut all ties with digital currency exchanges India’s central bank is doubling down on its anti-digital currency stance. According to sources in India, the apex bank is warning commercial banks against servicing digital currency-related businesses, including exchanges and traders as well. This is despite…