Crypto News
Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency
A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs theSource link
A DEX That Trades Dogecoin and Dogwifhat in One Place: Multichain Trading With Crypto Exchange Lunex...
PRESS RELEASE. Dogecoin made its mark іn the crypto world as one оf the first meme coins. It became a legitimate contender іn the market, with a strong and loyal community backing it. Dogwifhat is another meme coin that has made its mark. Both coins are gaining popularity for their unique appeal and active tradingSource link
Russian Oil Chief Warns Gold Will Be US Dollar’s Biggest Rival
Gold is emerging as a rival to the U.S. dollar in global trade, with sanctions driving change, according to a top Russian energy executive. Gold vs Dollar: The Ancient Rival Poised to Rewrite Global Settlements Igor Sechin, CEO of Rosneft, Russia’s largest state-owned oil company, highlighted the growing potential of gold as a rival toSource link
FSOC’s Still Worried About Stablecoins
The Financial Stability Oversight Council published its 2024 annual report Friday, addressing various risks and areas of concern within the U.S. and global financial system. As it has done for the past few years, the report highlighted the role of stablecoins and the digital asset sector more broadly — though it stopped short of suggesting FSOC would take any concrete steps toward curbing these concerns.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.'Emerging risks'The narrativeFor yet another year in a row, the Financial Stability Oversight Council — a group composed of the U.S.'s financial agency heads — warned that unchecked stablecoin growth could be an...
Ripple Applauds White House Crypto Czar: Is Regulatory Clarity Finally Here?
“Dream team!” Ripple executives hailed David Sacks’ appointment as White House Cryptocurrency Czar, predicting his leadership will drive innovation and deliver long-awaited regulatory clarity. ‘Crypto Czar’ Appointed: Ripple’s Executives Predict Major Policy Breakthroughs Ripple’s leadership has voiced strong support for David Sacks’ appointment to spearhead the Trump administration’s efforts in cryptocurrency and artificial intelligence (AI).Source link