Federal Reserve


Markets

US September Jobs Report Misses, Amid Fed Tapering Speculation

August’s jobs number was revised up by 131,000. Bitcoin prices hold steady after the report.

(Shutterstock)

Policy

You Can’t Use a Trillion-Dollar Coin

It isn’t just a cute but faulty idea. It’s worthless.

(Dan Dennis/Unsplash)

Policy

Fed to Launch CBDC Review as Early as This Week: Report

Officials at the Fed are set to release a paper soliciting public comment on a central bank digital currency.

Federal Reserve Chair Jerome Powell (CoinDesk screenshot)

Markets

Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.

Bull

Videos

Crypto Community Continues Reacting to China’s Sweeping Crypto Ban

With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.

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Policy

Rep. Emmer: Government Is ‘Trying to Gain Control Over’ Crypto

Speaking on CoinDesk TV’s “First Mover,” the congressman said crypto came into focus for Congress following the infrastructure bill debate.

Rep. Tom Emmer

Videos

Rep. Tom Emmer on Crypto Regulation, CBDCs, Infrastructure Bill

During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.

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Policy

Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto

When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”

Fed Chair Jerome Powell (Sarah Silbiger/UPI/Bloomberg via Getty Images)

Markets

Stand-Off Over $28T of US Government Debt Could Rattle Bitcoin Market

The American government has never defaulted on its debts, but congressional gridlock over raising the debt ceiling is making investors question what would happen if it did.

Janet Yellen, U.S. Treasury secretary, speaks during an interview at the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, U.S., on Tuesday, Sept. 28, 2021. Yellen today warned that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the federal debt limit, putting pressure on lawmakers to avert a default on U.S. obligations. Photographer: Amanda Andrade-Rhoades/Bloomberg via Getty Images