The U.S. Federal Reserve is again expanding its balance sheet – prominent experts believe that could bode well for bitcoin in the long run.
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.
"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday.
The Boston Federal Reserve is close to launching their own private supervisory node.
The U.S. Federal Reserve could soon include a bitcoin market crash as one of the risks to take into account when conducting stress tests.
The artist behind a giant, inflatable, rat-shaped piece of protest art dedicated to bitcoin is at it again – this time at the DC Fed.
A public art installation in New York is turning heads in what its creator hopes will be a commentary on bitcoin and government money management.
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.
The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED.
While the thought may disappoint cypherpunks, the first step of a transition toward a true "money of the people" will be implemented by central banks.