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FED

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17 Mar 23

Cameron Winklevoss says FED action is green light to buy BTC

Gemini’s co-founder, Cameron Winklevoss, has given his thoughts on the Federal Reserve’s plan to lend $300 billion to financial institutions. Winklevoss asserts that the Fed just added $300 billion reasons for adopting cryptocurrencies like bitcoin. The response from Winklevoss came after it was reported that financially struggling banks had borrowed $300 billion from the Fed’s […]
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16 Mar 23

US Fed to launch its payment network in 2023

The United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has announced plans to launch a new instant payment service called FedNow. If everything goes as […]
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12 Mar 23

Fed must intervene after Silicon Valley Bank’s crash

Anthony Scamarucci, the founder of SkyBridge Capital, wants the United States Federal Reserve (Fed) to intervene in the aftermath of the Silicon Valley Bank’s (SVB) collapse. Anthony wants the Federal Reserve to intervene Analysts are calling for the Fed to push another investor or bank to acquire and assume SVB’s assets and obligations, making depositors and creditors […]
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08 Feb 23

FED may prohibit state banks from holding cryptos as principal 

The Federal Reserve System stated that it intends to presumptively prohibit state banks from holding crypto-assets as principals without permission from the Fed and OCC. In an updated guide issued on the Federal Register, the Board of Governors of the Federal Reserve System said that they had received inquiries about the permissibility of “certain crypto-asset-related activities” […]
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