Co-founder of BitMEX, Arthur Hayes recently outlined the delicate balancing act that Janet Yellen, the Treasury’s top official, must do in order to maintain the nation’s fiscal health in the face of mounting government deficits. Hayes discusses Yellen’s strategic alternatives for regulating economic expansion and public expenditures, such as the
The US inflation crossed the planned 2% and reached a decade high of 8.9% Crypto and digital assets need regulation similar to banking and capital market ones. On June 22, Federal Chairperson Jerome H Powell presented the Semiannual Monetary Policy Report to Congress. The policy report had statements regarding the
The Fed’s policy shifts have caused a 40% drop in the price of Bitcoin recently. The Federal Reserve Board will now wrap up its monetary policy meeting today. The Bitcoin price has been stagnant in the last several days as investors await the Federal Reserve’s interest rate announcement. For much
The president of Turkey, Recep Tayyip Erdogan, has added Prof. Dr. Fatma Ozkul to the panel of crypto specialists. Fatma Ozkul, a professor specializing in blockchain technology and crypto assets, has been formally selected to serve on the Monetary Policy Committee of Turkey’s Central Bank. Moreover, the appointment of Fatma
Issuance of license follows in-principle approval granted in June 2023 SINGAPORE & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, announced today that its Singapore subsidiary Ripple Markets APAC Pte Ltd has secured its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). The
Geneva, Switzerland, April 20th, 2023, Chainwire TRON DAO has launched the TRON Policy Report (TPR) Podcast as an informative conversation on the latest developments in cryptocurrency regulation. Host Andrew Hemingway, Policy Lead for TRON DAO, welcomes expert guests to deliver insights and analysis on the most current news and trends
Key financial stability and regulatory concerns were covered during the inaugural G20. During Finance Ministers and Central Bank Governors (FMCBG) conference under India’s chairmanship. In a recent report, India asked other countries to consider the long-term effects of crypto assets on the global economy. And called for the development of
On Wednesday, US Federal Reserve Bank of New York released a 31-page report titled “The Bitcoin – Macro Disconnect”, compiling the findings of the impact of macroeconomic news on Bitcoin and other asset classes. Significantly, the findings of the analysis pushed the United State’s central bank into a perplexed state.
As India holds the rotating chair of the G20, the finance and central bank deputies convened in Bengaluru, India, from December 13-15. As India’s economic affairs secretary Ajay Seth said at a press conference on Wednesday, the G20 countries are working to develop a policy consensus on crypto assets in
As inflation began surging up in late March, the growth of the global economy slowed down. The US Federal Reserve led by Jerome Powell chose to raise the interest rates to combat inflation and restore price stability in their economy. The interest rate hiked to its 22-year high and the
