Michael Hsu believes bank regulation of stablecoins would be good for the crypto industry—and the safety of the financial system.

According to the U.S. President, the three nominees have the “experience, judgment and integrity to lead the Federal Reserve and to help build our economy back better for working families.”

The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the first time since mid-November. This week’s robust rally by the Canadian dollar is more a case of greenback weakness rather than […]

The British pound has posted very slight gains on Friday. In the European session, GBP/USD is trading at 1.3720, up 0.09% on the day. The pound is yawning despite better than expected UK data today. GDP jumped 0.9% m/m in November, above the consensus of 0.4%, while Manufacturing Production rose 1.1% m/m, crushing the estimate […]

Payments giant Visa has partnered with blockchain technology solutions firm Consensys to develop technology for central bank digital currencies (CBDCs). With plans to launch in the spring, Visa wants to build an on-ramp, or a “sandbox” for central banks to mint CBDCs using Consensys’ Quorum protocol. Visa and Consensys will utilize a “two-tier” distribution system […]

The post Visa Teams Up With Consensys to Build Technology for CBDCs appeared first on Coin Bureau.

Canadian dollar climbs despite high US inflation The Canadian dollar has extended its gains for a third consecutive day. USD/CAD has dropped 0.15% on the day, enough to push the pair below the 1.25 level, which has psychological significance, for the first time since mid-November. It has been an excellent week for the Canadian dollar, which […]

Much like most central banks globally, the U.S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country’s pace or urgency with the same might not be anywhere near the likes of China and Nigeria, the digital dollar has already faced one of […]

The US Federal Reserve is currently looking into the potential of a central bank digital currency (CBDC), with the report about the pros and cons [...]

The New Zealand dollar has posted gains for a third straight day. Early in the North American session, NZD/USD is trading at 0.6886, up 0.56% on the day. The currency is on a tear, rising 1.62% so far this week. Strong risk sentiment boosts New Zealand dollar  There was plenty of anticipation ahead of the […]

Memecoins are among the highest gainers over the past day and now with the Robinhood listing rumors about SHIB, we can see the coin surging by 16% in the past 24 hours. But are the rumors true? Let’s find out in today’s altcoin latest news. Shiba Inu jumped 16% leading the gains among other cryptocurrencies […]

The post Crypto Market is Recovering! But the Real Pain is Still Hovering Around Altcoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Bitcoin price surged above the $42,500 resistance level and hit $44,000 before correcting lower. At press time BTC Price is consolidating gains above $43,750. Similarly, most major altcoins extended gains and tested resistance. Despite the sudden rise above $43K, traders warn that Bitcoin and altcoins are still in for “Real Pain” if macro perspectives …

Crypto billionaire and founder of Binance, Changpeng CZ Zhao, has proposed crypto as a way to fight inflation. Fellow billionaire Michael Saylor chimed in the discourse to point out Bitcoin as the perfect inflation hedge. Two billionaires propose crypto to fight inflation In a tweet, the crypto billionaire asserted that inflation was an unassailable opponent

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