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One Clear Message from Yellen’s Testimony: Buy Bitcoin
The US Federal Reserve has warned security compromises could cause problems for banks using digital currency.
On March 3, Federal Reserve chair Janet Yellen announced the Fed is likely to increase interest rates this month. As a result, bitcoin price is also likely to increase, as the value of reserve currencies including the Japanese yen and Chinese yuan falls.
Federal Reserve Chair Janet Yellen emphasized At the Commonwealth Club in San Francisco the importance of the Blockchain and hinted that the Fed is exploring the potential of the technology.
Banks and financial institutions including the Fed are doing exactly the opposite of what people needs to maintain financial security.
Federal Reserve described the potential of the distributed ledger technology (DLT) in the settlement of payments, assets and clearing.
Consumers want a repeal of the Durbin Amendment which cost them an estimated $4 billion annually as they use a debit card to make a purchase.
World’s leading central bank, the Federal Reserve of the United States, is going to investigate the future of advanced digital payment technologies, including “Fintech" and Bitcoin’s Blockchain technology.
The Federal Reserve Bank of San Francisco (FRBSF) has published an article covering the risks of bitcoin and other virtual currencies.
The Federal Reserve published a paper about the growth of virtual currencies; NASDAQ is expected to be the first major exchange operator and other news.
Case Wallet raised US$1.5 million, Polish payment processors and at least one bank have closed the accounts of several local bitcoin exchanges and more news
Ron Paul started talking about the serious problems of the Federal Reserve system in the 1970s.
The recent vote in which the Federal Communications Commission (FCC) gave itself more power over the Internet reminds me very much of the Federal Reserve Act of 1913. You know – the legislation that created an institution so egregious that nearly 100 years later, Satoshi Nakamoto was compelled to completely reinvent money so that we could finally be rid of it.
The Federal Reserve Bank in Washington, D.C. has issued a report entitled Bitcoin: Technical Background and Data Analysis. The recently released report, dated October 7, is a technical analysis of Bitcoin and the Bitcoin protocol. While mostly accurate, it contains a number of assumptions and self-serving statements suggesting that, despite a great deal of empirical research and terabytes of data, the Federal Reserve lacks a fundamental understanding of Bitcoin.
Federal Reserve Board chair Janet Yellen told Congress last week that the Fed has no authority to regulate Bitcoin.
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One fine body…