Federal Reserve Bank President Says Bitcoin Is Clearly a Store of Value

The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief Calls Bitcoin a Store of Value The president of the Federal Reserve Bank of … Read more

Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows

The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last week, the Federal Reserve Bank of Dallas published a working paper entitled “Cryptocurrency Market … Read more