Tag: federal reserve

  • Bitcoin
    Bitcoin

    Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”

    Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering, and inefficiencies for the purpose of processing payments. Janet Yellen Forgets...

    Ricardo Esteves | November 1, 2018 | 12:00 am
  • Fed
    Industry

    US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value

    On Wednesday morning, the U.S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U.S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U.S. Federal Reserve (Fed), presented his thoughts about...

    Nick Chong | July 19, 2018 | 7:30 am
  • Financial Experts Disappointed As Fed Fails To Raise Interest Rates

    Over the past few weeks, there has been an increased focus on whether or not the Federal Reserve will raise interest rates Although financial experts are on the fence on the future of the rates, the Fed’s Janet Yellen has announced there will be no increase for now....

    JP Buntinx | August 27, 2016 | 9:00 pm
  • Philippines central bank
    Uncategorized

    Philippines Hurries with Cyber Security, May Regulate Bitcoin

    The Philippines may soon introduce bitcoin regulations as the country’s central bank decides to tighten its screws around money laundering. The bank is also focused on improving the security of the cyber infrastructure. The South East Asian country of Philippines has suddenly decided to go hard on the...

    Gautham | June 6, 2016 | 5:30 pm

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