U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

[ad_1] “If that were a government account, that the government would see all your transactions, that’s just something we would not stand for or do or propose here in the United States,” Powell said. He contrasted the U.S. thinking with China, where the government can track user activity in its digital currency. [ad_2] Source link

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. … Again

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. … Again

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

The Bitcoin “Big Money Algos” Are Here: Will BTC Breach $70,000?

The Bitcoin “Big Money Algos” Are Here: Will BTC Breach $70,000?

[ad_1] Mike Alfred, a Bitcoin investor and crypto commentator, thinks the “big money algos” are back and predicts the world’s most valuable cryptocurrency will rally to record fresh February 2024 highs but retest all-time highs. This uptick, Alfred says, is before the network finally halves its miner rewards.  The “Big Money Algos” As BTC Retests … Read more

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

[ad_1] Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollars to using digital currencies could still be a monetary-policy danger. But he argued Thursday that the repeated rhetoric about the decline of the dollar as the global reserve currency … Read more