The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation.
Cryptocurrency markets stabilized somewhat as traditional financial markets found some footing Tuesday.
Effectively, this is “QE4,” the fourth major round of quantitative easing by the American central bank since the global financial crisis a little more than a decade ago.
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.
Bitcoin prices slid for a fifth straight day, but the bigger news is what the N.Y. Fed and Christine Lagarde's ECB do next.
Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto.
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.
Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.
Bitcoin’s price is trending solidly back above the five-digit figure mark.
Lael Brainard said in a speech the Federal Reserve is looking at digital ledger use cases including for a possible central bank digital currency.
Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.
What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?