The United States Federal Reserve (FED), along with other regulators in the region, issued a statement in which they discussed the risks involved in the use of cryptocurrencies in banking systems.
Others involved include the Office of the Comptroller of the Currency (OCC) and the Federal Deposit…
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Federal Reserve
Year-on-year inflation in the US remains low
The year-on-year inflation rate in the United States maintained its downward trend during the month of November, settling at 7.1 %.
The data published by the Bureau of Labor Statistics (BLS) place inflation for November six tenths below…
The Fed decreed a new increase in interest rates
The Federal Reserve of the United States (FED) decreed a new increase in reference interest rates in the order of 0.5 percentage points to place them in a range that oscillates between 0.75 % and 1 % with the purpose of avoiding a increase…
Fed will seek to regulate inflation in the US
The president of the United States Federal Reserve Board (Fed), Jerome Powell, stressed that the US central bank is concentrating its efforts on returning the inflation rate to 2 % target and assured that the institution's commitment to…
Biden will respect the autonomy of the Federal Reserve
Joe Biden, president of the United States, met Jerome Powell, president of the central bank, to discuss issues related to the economy and has promised to respect the autonomy and independence of the Federal Reserve in managing and…
Crypto market loses 200 billion dollars in one day
The crypto market is again affected by panic and the first cryptocurrencies lost more than 200,000 million dollars in a single day, in addition to the falls in the main Wall Street indices, where sales have been imposed in recent days.…
US lawmakers propose ECASH bill
Lawmakers Stephen Lynch, Jesus Chuy Garcia, Ayanna Pressley and Rashida Tlaib introduced a bill called the Electronic Currency and Secure Hardware Act (ECASH Act) that seeks to instruct the Secretary of the Treasury to "develop and issue…
Biden analyzes the possible launch of the digital dollar
The president of the United States, Joe Biden, commissioned various agencies and federal agencies, including the Treasury and Trade Department, as well as the Federal Reserve of the United States, the assessment of risks and benefits, as…
2022 promises regulatory clarity for the crypto market
Rosa Ríos, a former US treasurer, thinks that the year 2022 will provide greater regulatory clarity for the crypto market. This was recently pointed out by Ríos to CNBC's 'Make It'.
The former member, who is currently part of the board of…
Two Fed officials resign over million-dollar operations
The two senior officials of the United States Federal Reserve (Fed) who carried out multi-million dollar stock operations during the pandemic presented their early resignation from their respective positions in the last hours.
The…
The FED will review its code of ethics
The president of the United States Federal Reserve (Fed), Jerome Powell, requested that a review of the central bank's code of ethics be carried out after the multimillion-dollar transactions they carried out last year became known in…
John Williams: “Cryptocurrencies pose a significant challenge”
John Williams, president of the Federal Reserve Bank of New York, assures that the arrival of cryptocurrencies presents a challenge for current regulations at the economic level.
That is why, based on this principle, so that the Federal…