Janet Yellen Says She’s Concerned About Illicit Use of Crypto Assets, Chainalysis Finds 0.34% of Transaction Volume Connected to Crime

Former Federal Reserve chair and Treasury secretary nominee Janet Yellen is addressing the potential use of cryptocurrency for illicit financing.

Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML

Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing." Janet Yellen, a former leader at the Federal Reserve and Joe Biden's pick for Treasury Secretary, is still suspicious of crypto as a threat for illicit financing.  In a virtual hearing of the US Senate Finance Committee held today, Yellen faced questions on combating the financing of terrorism, or CFT, from Democratic Senator Maggie Hassan from New Hampshire.

First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury-bond interest rates from climbing.

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.

Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's

Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world reserve currency will provide the nation with “first-mover advantage” – no matter what policies

Stablecoin Risks a ‘High-Level Focus,’ Says Federal Reserve Chair

Powell reiterated today during a webinar that the central bank is taking a careful look at stablecoins and their effects.

Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.

Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor

Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin.

Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’

Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the US Federal Reserve.

Former Fed Governor Kevin Warsh Flips on Crypto, Says He’s Now Bullish on Bitcoin

Former Federal Reserve governor and one-time Bitcoin skeptic Kevin Warsh says the top cryptocurrency is now a sensible investment.

Former Federal Reserve Governor Now On Board with Bitcoin

Given the massive shift in monetary policy, “Bitcoin does make sense as part of a portfolio in this environment,” said Warsh.

2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week

Bitcoin plunged by over 16 percent to an intraday low of $27,678 on Monday before recovering above the $30,000 level.

Central Bank Digital Currency (CBDC) Race: 2020 Year in Review

As 2020 comes to a close, we take a look back at the most important developments regarding the pursuit of Central Bank Digital Currencies (CBDC).