Search Results for: former fed chairman

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

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The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading…

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

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Kolmapäeval, Tom Emmer, USA. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry…

Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

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Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy and…

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment

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Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” Kuid, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature…

Peter Schiff Advises Selling Bitcoin Today — Says It’s ‘the Smart Move’

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Gold bug and economist Peter Schiff has recommended selling bitcoin today, emphasizing that it is “the smart move.” Many people disagreed with Schiff’s analysis of the price of the cryptocurrency, warning that he is telling investors to sell at the bottom….

SECi esimees ütleb, et on oluline reguleerida krüptoväljaandjaid ja -vahendajaid

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USA esimees. Väärtpaberi- ja börsikomisjon (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. Lisaks, USA. Treasury Department’s Financial Stability Oversight Council (FSOC) has recommended that regulatory…

SEC-i jõustamine keskendub endiselt krüptole – juhataja Gensler ütleb, et jõustamistulemused on talle muljet avaldanud

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USA. Väärtpaberi- ja börsikomisjon (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I continue to…

Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

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Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive…

US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

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USA. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, ütles Yellen, but noted that “seal…

SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations

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USA esimees. Väärtpaberi- ja börsikomisjon (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the…