-
Fed's Bowman suggests allowing central bank staff to own small amounts of crypto products
The Federal Reserve's top regulatory official suggested on Tuesday that central bank staff should be permitted to own small amounts of crypto products, arguing experience would better inform their work policing activities in those financial markets. Fed Vice Chair for Supervision Michelle Bowman said easing restrictions on staff investments may also help recruit and retain expert bank examiners, and "de minimus" holdings of crypto and other digital assets would help staff develop a working understanding of those products. "There’s no replacement for experimenting and understanding how that ownership and transfer ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From decrypt.co|Aug 19, 2025Trump family-backed, cryptocurrency treasury firm Thumzup Media is planning to acquire Dogecoin mining firm Dogehash, the companies announced Tuesday. Under the all-stock deal, ...
From @PiQSuite|Aug 19, 2025U.S. TREASURY CHIEF BESSENT ON FOX NEWS: WE HAVE HAD VERY GOOD TALKS WITH CHINA U.S. TREASURY CHIEF BESSENT ON FOX NEWS: STATUS QUO ON CHINA WORKING VERY WELL U.S. TREASURY CHIEF BESSENT ON FOX NEWS: U.S. ECONOMY WILL PICK UP IN Q4 U.S. TREASURY CHIEF BESSENT ON FOX NEWS:… US Treasury Secretary Bessent: 2026 could be a booming year for the economy
From youtube.com/cnbctelevision|Aug 19, 2025On today's episode of CNBC Crypto World, bitcoin and altcoins slump as tech stocks pull back. Plus, Wyoming launches the Frontier Stable Token, the first state-backed stablecoin. ...
-
- Newer Stories
From finance.yahoo.com|Aug 19, 2025|1 commentBitcoin (BTC-USD) hit a record high last week, but analysts at Bernstein think the current crypto bull market could see the world's largest cryptocurrency hit an even bigger ...
From dlnews.com|Aug 19, 2025Coinbase, Robinhood and Circle will come out on top as crypto heads into an unusually long bull run. That’s according to wealth management firm Bernstein, whose analysts estimate ...
From rbnz.govt.nz|Aug 19, 2025|3 commentsAnnual consumers price index inflation is currently around the top of the Monetary Policy Committee’s 1 to 3 percent target band. However, with spare capacity in the economy and declining domestic inflation pressure, headline inflation is expected to return to around the 2 percent target midpoint by mid-2026. New Zealand’s economic recovery stalled in the second quarter of this year. Spending by households and businesses has been constrained by global economic policy uncertainty, falling employment, higher prices for some essentials, and declining house prices. There are upside and downside risks to the economic outlook. Cautious behaviour by households and businesses could further dampen economic growth. Alternatively, the economic recovery could accelerate as the full effects of interest rate reductions flow through the economy. The Monetary Policy Committee today voted to decrease the Official Cash Rate (OCR) by 25 basis points to 3 percent. Further data on the speed of New Zealand’s economic recovery will influence the future path of the OCR. If medium-term inflation pressures continue to ease as expected, there is scope to lower the OCR further. RBNZ notes that economic growth might accelerate once rate cuts fully filter through the economy. RBNZ minutes: If medium-term inflation pressures continue to ease in line with the committee’s central projection, the committee expects to lower the OCR further RBNZ minutes: Inflation projected to rise to 3.0 percent in the September quarter, there is a significant chance it exceeds the target band.
