Search Results for "u.s. senators"
CFTC Chairman Heath Tarbert Announces He Will Step Down Early Next Year
Heath Tarbert, the chairman of the U.S CFTC, has announced that he will leave the agency, thus setting the stage for Biden to choose another chairperson.
US Congressmen Ask Federal Reserve to Create National Digital Currency
Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.
Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.
An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.
Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions
The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.
Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k
In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.
Why The U.S. SEC Should Approve Its First Bitcoin ETF
The US SEC should approve its first Bitcoin ETF products, a move that can enable more mainstream investors to get exposure to the digital asset.
Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.
ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market
ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.
Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency
Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.