Federal Reserve Archives

Banks Protest Crypto Firms’ Claim to Federal Reserve Payments Systems

August 30, 2021

Crypto businesses are seeking access to the US Federal Reserve’s (FED) payments systems that legacy finance institutions use to move money around swiftly. However, in a bid to protect their privileged positio...

Fed Chair Jerome Powell Calls Bitcoin ‘Essentially a Substitute for Gold’

March 25, 2021

Chairman of the U.S. Federal Reserve Jerome Powell said recently that he considers Bitcoin to be an alternative to gold rather than the dollar. While speaking during the Bank of International Settlements Inn...

Rich Dad Poor Dad Author: ‘Money Makes You Happy’, Bitcoin Is ‘Real Money’

March 21, 2021

Earlier today (March 21), Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, gave his latest thoughts on the relationship between money and happiness. ...

Bitcoin In Limbo Until Thursday’s Inflation-Focused Speech By Fed Chair Powell

August 25, 2020

On Tuesday (August 25), Bitcoin (and to an even greater extent, most altcoins) are under pressure due to the uncertainly over Federal Reserve Chair Jerome Powell’s speech on Thursday (August 27) at this year’...

The Fed’s Uncertainly Over Future Stimulus Pushes Down Gold And Bitcoin Prices

August 21, 2020

The fallout from the release by the Federal Reserve of the minutes from the Federal Open Market Committee (FOMC) meeting held July 28–29 seems to be continuing to strengthen the dollar and pushing down the pr...

Federal Reserve Scrambles To Get Instant Payments Offering Ready

August 7, 2020

Federal Reserve scrambles to get instant payments offering ready. Federal Reserve Board Governor Lael Brainard said in a Thursday webinar the U.S. central bank will be debuting its instant payment service "as...

Bitcoin Plunges Below $5000 As The Fed’s Panic Over COVID-19 Spooks Traders

March 16, 2020

On Sunday (Mar 15), the Federal Reserve (aka "the Fed"), the central bank of the United States, announced that it had lowered the target range for the Federal Funds Rate (FFR) -- by 100 basis points -- to 0 t...

The US Fed Looking into Digital Currency Prospect

February 6, 2020

The United States’ Federal Reserve is studying the feasibility of issuing a digital currency, FED Governor Lael Brainard revealed on Wednesday. Speaking at a conference on payments at the Stanford Graduate S...

FED’s New Manager To Explore Integration Of Digital Currencies Into Conventional Financial System

November 5, 2019

Cryptocurrencies are catching attention at a faster pace than expected in the United States of America. Mark Zuckerberg, the CEO of Facebook, commented last month in the U.S House of Representatives that the ...