The Federal Reserve chair said that payment stablecoins are money, and that the central bank should play a role in approving their issuance in the U.S. A top House Democrat sounded skeptical of the current draft bill to create a comprehensive framework for stablecoins.
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Coinlive Coinlive The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week.
decryptFederal Reserve Chair Jerome Powell said that stablecoins will need greater regulation as they become more widely used by consumers.
OthersThe company announced the news on Wednesday, adding that longtime Chief Operating Officer Dave Ripley will succeed Powell in the coming months.
OthersBitcoin price dropped about 5% to $20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole, Wyoming, on Friday, ...
BitcoinistKraken's Jesse Powell under fire for listing second-generation LUNA;
CointelegraphKraken was previously aiming to implement the BItcoin Lightning Network in 2021 after officially announcing the plan in late 2020.
CointelegraphAccording to the exchange, users will not incur any gas fees for trading NFTs custodied with Kraken — only transferring tokens and NFTs off the platform.
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