Federal Reserve


Policy

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included.

caphill

Videos

Fed Chair Jerome Powell Emphasizes Caution in CBDC Remarks

Saying “It's more important to get it right than to be first,” Federal Reserve Chairman Jerome Powell suggested the U.S. isn’t rushing to win a global race to develop a Central Bank Digital Currency. Speaking at the annual International Monetary Fund meeting, he did, however, reiterate that research is moving forward and spoke of experiments underway.

Recent Videos

Policy

Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain

CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.

Federal Reserve Chairman Jerome Powell

Policy

IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules

Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.

pig, digital, bank

Policy

Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles

The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.

Blueprints

Markets

Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation.

Matt Hougan

Markets

First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches

Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead.

As traders look for fresh stimulus to keep markets buoyant, neither Congress nor the Fed appears ready to blink.

Markets

First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K

This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Markets

Bitcoin Falls Back Below $11K as Markets Doubt Fed's Ability to Boost Inflation

Prevailing doubts over whether the Fed has what it takes to hit its 2% inflation target hit traditional markets and may have contributed to a bitcoin price drop on Thursday.

Federal Reserve Chair Jerome Powell

Markets

Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% "for some time."

Federal Reserve Chair Jerome Powell speaking at virtual press conference on Wednesday. (Federal Reserve, modified by CoinDesk)