Search Results for "reserve"
Federal Reserve Keeps Interest Rates Steady, Bitcoin Responds with Significant Fluctuations
Federal Reserve officials has agreed to keep interest rates unchanged following 10 consecutive hikes. However, the Federal Reserve hinted that they may consider a rate hike next month if the economy and inflation don't show further signs of cooling down.
Independent Reserve Considers Expansion to Hong Kong
Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential friendly jurisdiction for its business expansion in Asia.
SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million
Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.
US Representative Tom Emmer Introduces Legislation to Limit Fed
Representative Tom Emmer presented the "CBDC Anti-Surveillance State Act" to encourage financial privacy and CBDC transparency.
The Fed Rejects Custodia Bank's Membership Application
The Fed rejected cryptocurrency-focused Custodia Bank membership again, citing "sound banking operations."
Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.
US Federal Reserve Raises Interest Rates since 2018: Implications for Crypto
The United States Federal Reserve has raised its interest rates by 25 basis points, the first time in about three years it will be making such a move since Dec. 2018. The implications for crypto is considered.
Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push
Fed Is Driving Current Downturn, Crypto Billionaire Says
While investors have become increasingly concerned with rising inflation, the Fed planned to address it by hiking interest rates. The central bank has been clear with regards to what it would do to control inflation.
Indian Government Affirms to Regulate Digital Currencies instead of Banning
Affirming the prior speculations on the concerted efforts of the Indian parliament and government to regulate the developing world of cryptocurrencies.
Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate
Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.
US Fed Chair Jerome Powell Grilled Over FedCoin Digital Currency Progress
Federal Reserve chairman Jerome Powell spoke before the US House Financial Services Committee. He was questioned regarding the central bank’s digital currency efforts, China, and Libra. He said that they are working hard on the digital currency.