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CATEGORY: fiat currencies


Dec 29, 2021 06:40

Pompliano highlights “key points” lost in Bitcoin’s energy use argument

Pompliano told CNBC in an interview that Bitcoin’s energy usage continues to become more…

The post Pompliano highlights “key points” lost in Bitcoin’s energy use argument appeared first on Coin Journal.

Feb 19, 2024 05:50

Fed Governor Discusses Cryptos Impact on US Dollar Dominance Says Banks Should Avoid Bitcoin ETFs as Primary Asset

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor [...]

The post Fed Governor Discusses Cryptos Impact on US Dollar Dominance Says Banks Should Avoid Bitcoin ETFs as Primary Asset appeared first on Crypto Breaking News.

Feb 15, 2024 05:50

SEC Chair Gary Gensler Outlines Very Real Economic Difference Between Bitcoin and US Dollar

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. [...]

The post SEC Chair Gary Gensler Outlines Very Real Economic Difference Between Bitcoin and US Dollar appeared first on Crypto Breaking News.

Jun 01, 2023 02:10

Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat

A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest. Finance Ministry Don’t Want to See Russians Saving [...]

The post Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat appeared first on Crypto Breaking News.

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