One of Biden’s top energy aides confirmed Friday the administration won’t extend the oil releases from the Strategic Petroleum Reserve that are scheduled to end this fall. The Strategic Petroleu...
Tag: Reserve
A Federal Reserve Recession May Be Here; The Good And Bad News For U.S. Economy, S&P 500
The Federal Reserve is slamming on the brakes to stem inflation — with another 75-basis-point rate hike expected Wednesday — even as the U.S. economy is sucking wind. A Fed-induced recession now seems...
New Reserve Cryptocurrency Protocol PLUTO launches on Waves Blockchain Claiming to Beat Bear Markets
Pluto Protocol is announcing the launch of its decentralized reserve protocol, designed to be resistant to bear markets and market conditions. The protocol recently launched its token PLUTO. The token...
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is curre...
Reserve Rights (RSR) Bounces After Falling To New All-Time Low
Reserve Rights (RSR) has been moving upwards since its May 12 bottom, but has yet to reclaim the previous all-time low support level. RSR has been decreasing underneath a descending resistance line si...
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments hav...
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
The offices of Chairwoman Maxine Waters (D-Calif.) and the panel’s ranking Republican, Patrick McHenry (R-N.C.), have preliminarily agreed that stablecoins should be directly reinforced with assets su...
Governments Must Collaborate to Properly Regulate or Ban Crypto, Reserve Bank Of India Governor
On July 19, India’s Finance Minister Nirmala Sitharaman said in a speech at the Lok Sabha, the lower house of India’s bicameral Parliament, that crypto is a danger to international regulatory arbitrag...
Reserve Bank Of India Considering Outright Crypto Ban, Says Finance Minister ⋆ ZyCrypto
Advertisement     The Reserve Bank of India doesn’t appear as intrigued by the emerging crypto technology as other central banks. While the apex banks of countries lik...
Reserve Bank of India renews calls for crypto ban
Indian central bank officials have renewed efforts to ban crypto. Finance Minister Nirmala Sitharaman supported the motion during a parliamentary meeting on July 18, saying digital assets have a “dest...
India’s Reserve Banks Wants to Ban Crypto, Seeks Global Support
India’s Finance Minister Nirmala Sitharaman today addressed Parliament, stating that the Reserve Bank of India (RBI) is seeking a total ban on cryptocurrencies, but believes that global collaboration ...
Reserve Bank of India plans crypto regulation
Recently, the Reserve Bank of India and the national government agreed on the crypto’s future. On the one hand, the highest authority in India applied taxes on crypto transactions that will reach 30 p...
Federal Reserve survey shows crypto is not a priority for private banks
Over the past year, institutional investors have increased interest in cryptocurrencies, with banking giants such as JPMorgan and Goldman Sachs diversifying into crypto-related offerings. However, des...
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part o...
Circle Reveals Detailed USDC Reserve Report
The payments management firm has released a detailed reserve report, revealing that its USDC stablecoin is backed only by cash and short-term treasury bonds. Full Reserve Report To Win Trust In a bid...
Circle shuts down critics with on-going disclosures on USDC reserve assets
Circle issued its first monthly report of USDC reserve assets on July 14 in an effort to enhance transparency. The general reputation of stablecoins has taken a severe hit since the Terra UST implosio...
Federal Reserve Emphasized Higher Inflation Fears and Possible Recession in Latest Beige Book
The Federal Reserve Beige Book says that consumer spending has been flat over the past week in New York. In its Beige Book, a survey by the Federal Reserve revealed increased recession fears and the ...
South African Reserve Bank Set to Regulate Cryptocurrencies as Financial Assets
The South African Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country will roll out cryptocurrency regulations over the next 12 – 18 months that will not identify them as a...
South African Reserve Bank will regulate crypto as financial assets to make it ‘mainstream’
South Africa Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country is set to roll out cryptocurrency regulations that will partly support the sector. Speaking during a webina...
Bitcoin Reserve Risk Indicator Falls to All-Time Lows
Another key technical indicator for the Bitcoin network has tanked to its lowest ever levels as the asset shows few signs of recovering any time soon. The Bitcoin Reserve Risk indicator has declined t...
Federal Reserve vice-chair calls for crypto regulations to address risks
The vice-chair of the US Federal Reserve, Lael Brainard, has urged that regulators pay concern to the cryptocurrency space, or they would end up regretting it. Brainard was speaking at a conference fo...
Tron DAO Reserve Increases 445M USDC on the Network’s Total Supply – crypto.news
Earlier today, Tron DAO Reserve announced that it had added about 445M USDC to TRON, bringing the total supply value of USDC coins in the network to $3.3B. The organization stated that the addition is...
Stablecoin Receiving Collaterals From TRON Reserve
Altcoin News As of June 7, TRON DAO reserve holds $2.2 billion. The supply of USDC has also increased to 445 million. TRON DAO reserve has made some recent purchases of tokens to increase the count. T...
CZ Says Binance Carry No Loans From Others, Has “The Largest Reserve in Industry” To Carry On Zero BTC Fees
– Advertisement – The Binance founder reassured users that the company has what it takes to continue operating for years. Following the launch of zero-fee Bitcoin (BTC) trading by Binance,...
Federal Reserve Conference Hints Stablecoins Can Reinforce USD’s Status – crypto.news
The central bank-issued digital currencies did not convince panelists at the recently concluded Federal Reserve conference, and CBDC cannot alter the global currency arrangement. The United States Fed...
Federal Reserve Prepares More Big Rate Hikes Amid Risk That High Inflation Could ‘Become Entrenched’
Topline Federal Reserve officials reaffirmed their commitment to fighting inflation with big rate hikes and pledged to use “more restrictive policy” as needed, especially amid “significant risk” that ...
Federal Reserve conference casts doubt on CBDC and dollar digitization
At the Federal Reserve’s first conference on the international role of the dollar, the prospect of a US central bank digital currency did not particularly impress panelists. According to a July...
H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Funding, Federal Reserve not Impressed by USD CBDC – crypto.news
H2O Waters Securities has launched the first water-focused crypto token. Sequoia China closes in on a $9 billion funding round to help new projects seed rounds and ventures, as the federal reserve app...
Federal Reserve discusses CBDCs, stablecoins, and crypto
The United States Federal Reserve has published a note related to a recent conference, saying that most experts believed that a US central bank digital currency (CBDC) would have zero impact on the gl...
Federal Reserve Conference Casts Doubt over Digital Dollar Project
Panelists at the Federal Reserve’s first conference on the international role of the dollar, are not impressed with the prospect of a US Central Bank Digital Currency (CBDC). According to a repo...
Fed conference hears stablecoins may boost USD as global reserve currency
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change ...