U.S. Federal Reserve Chair Jerome Powell said that the crypto market would require new rules, as the existing regulatory framework can’t take into account the innovations of the market. Powell was spe...
Tag: Chair
Federal Reserve chair concerned over the adoption of digital assets
The chair of the US Federal Reserve, Jerome Powell, has expressed concern over the cryptocurrency sector. The official stated that private cryptocurrencies and stablecoins presented a risk to the stab...
Fed Chair Powell Says Crypto Requires New Rules, Citing ‘Threats’ To US Financial System
Federal Reserve Chairman Jerome Powell emphasized on Wednesday that technology transformation is here to stay in the financial sector and that new regulations will be required. Powell revealed some in...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institution...
Fed Chair Outlines Risks Associated With Cryptocurrencies, Urges for New Regulations
Jerome Powell, the current Chairman of the Federal Reserve, believes the nation’s central bank supports innovation in digital financial products. However, he warned that certain technologies, includin...
Fed Chair Powell Increasing Interest Rates Could Hurt Crypto
Analysts believe that the crypto market could suffer some consequences if Fed Chair Powell follows through and raises interest rates. Analysts believe that the hawkish stance of Federal Reserve Chair ...
Fed Chair Powell hinted at a mega–rate hike. The markets are banking on more than one
With inflation and growth concerns swirling over the markets, Jerome Powell dropped a tantalizing clue on Monday about how the Federal Reserve will approach its next rate-setting meeting in May. To ha...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’ – Economics Bitcoin News
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggr...
Fed Chair: interest rates ‘could’ go up by 50 bps in May
A fresh wave of COVID in China and the ongoing war in Ukraine could further exacerbate inflationary pressures, says Chairman of the U.S. Federal Reserve. A 50-bps increase remains on the table Jerome ...
US Legislators Grill SEC Chair on ‘Overburdensome’ Crypto Reporting Requirements in New Letter
More than half a dozen United States congressmen are defending blockchain developers in the face of new government regulatory pressure. In a letter to U.S. Securities and Exchange Commission (SEC) hea...
Congressional Blockchain Caucus Leader Pushes SEC Chair Gensler for Crypto Clarity
Minnesota Representative Tom Emmer, chair of the Congressional Blockchain Caucus, has asked the Securities and Exchange Commission to clarify how it gathers information from cryptocurrency-linked comp...
Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections
Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forw...
Bed Bath & Beyond Stock Skyrockets After Billionaire GameStop Chair Cohen Discloses $120 Million Investment
Topline Shares of retailer Bed Bath & Beyond soared Monday after billionaire investor Ryan Cohen disclosed an outsize stake in the firm and sent a letter to management blasting the company’s disma...
Fed Chair Jerome Powell Says Cryptocurrency Needs Regulation To Prevent Terrorist Financing
The Chairman of the U.S. Federal Reserve says that the crypto industry needs to form regulations to thwart digital assets from being used to finance terrorism and other crimes. In a testimony before t...
Fed Chair Jerome Powell Has Intensified Calls For Cryptocurrency Regulations In Front Of Congressmen ⋆ ZyCrypto
Advertisement     Jerome Powell has increased the calls for cryptocurrency regulations in the wake of Russia’s invasion of Ukraine. The Fed Chair noted that “congressi...
“SEC Shall Take Some Losses From Time to Time”- SEC Chair Gary Gensler
U.S. SEC Cheif Gary Gensler recent interview is again a topic of debate in crypto world as his statements have sent some mixed-signals. In this latest interview with Jon Stewart, Mr. Gensler has talke...
Watch Federal Reserve Chair Powell speak live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
US Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic de...
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potenti...
Fed Chair Calls Cryptocurrencies “Vehicle for Speculation”
Alex Dovbnya Federal Reserve Chair Jerome Powell voiced his concerns about cryptocurrencies during a recent hearing held by the U.S. House Committee on Financial Services While addressing the U.S. Hou...
Fed Chair Powell Calls for Congressional Action on Crypto Amid Ukraine, Russia Conflict
Federal Reserve Chairman Jerome Powell today reiterated his view that there is a growing need for cryptocurrency regulations during a testimony before the House Financial Services Committee. He said r...
In light of Russia sanctions, Fed chair calls for legislative framework to stop illicit crypto use
In an appearance before Congress today, the chair of the Federal Reserve made a rare commentary on legislation, addressing crypto in sanctions avoidance on the part of Russia. Jerome Powell, the Fed&#...
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty Federa...
XRP is not a Security: Former CFTC Chair Chris Giancarlo Says
Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC), has shared his thought on the status of XRP Coin as the legal brawl between Ripple Labs and the Securitie...
‘SPAC King’ Chamath Palihapitiya Abruptly Resigns As Virgin Galactic Chair Amid Stock Crash
Topline Chamath Palihapitiya, the so-called SPAC King whose investment firm helped take Virgin Galactic public in 2019, abruptly resigned from his position as the British-American aerospace company’s ...
SEC Will Continue To Evaluate Bitcoin Spot ETFs, but They Must Be Designed To Prevent Fraud: Chair Gary Gensler
The U.S. Securities and Exchange Commission (SEC) will continue to review Bitcoin (BTC) exchange-traded fund (ETF) proposals, according to SEC chair Gary Gensler. U.S. Representatives Tom Emmer, a Rep...
SEC chair Gensler pitches his crypto vision at exclusive House Democrat event
Gary Gensler, chairman of the Securities and Exchange Commission, is continuing to pitch lawmakers on his vision for crypto oversight out of the public eye. Gensler addressed Democrats of the House Fi...
XRP Vs SEC: Is SEC Biased? Here’s Why SEC Chair Is In Spotlight Again
In a recent interview SEC Chief Gary Gensler refused to answer a question regarding the confusion over the Ripple lawsuit. He cited the reason that ‘he is not allowed to talk about specific cases’. Th...
AMD’s $49 billion Xilinx deal closes, company names CEO Lisa Su new board chair
Advanced Micro Devices Inc. shares AMD, +3.26% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Exe...
Credit Suisse Vice Chair Severin Schwan Faces Re-election Opposition from Shareholders
Severin Schwan, the Vice Chairman of Credit Suisse investment bank, is facing opposition from some major shareholders who are against his re-election bid to the Board of the Swiss bank in April, Reute...
USDF Consortium Chair – Ashley Harris Talks To Us About The Future Of Stablecoins
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Peloton CEO John Foley to step down, transition to executive chair as company cuts 2,800 jobs, says report
John Foley, CEO of Peloton. Adam Jeffery | CNBC Peloton plans to replace CEO John Foley and cut 2,800 jobs as it hopes to restructure its business amid waning demand, according to a report in the Wall...