SEC’s Gensler: ‘A lot of people will get hurt’ if crypto remains outside of policy framework
If crypto exchanges and lending platforms are not brought inside the policy framework, “a lot of people will get hurt,” U.S. Securities and Exchange Commission Chair Gary Gensler testified before the House Financial Services Committee. “If we don’t get these…
Powell: Fed has ‘no intention to ban’ cryptocurrencies
Federal Reserve Chair Jerome Powell told U.S. lawmakers that the Fed has “no intention to ban” cryptocurrencies. During his testimony before the House Committee on Financial Services, Powell was asked to clarify his July comment that one of the stronger…
Global economy recovery still on track, inflation spike remains transitory – Central Bankers
Central bankers speaking at the ECB Forum on Central Banking remain optimistic that the global economy will be back on track by the end of this year or early 2022. However, they also recognize that constraints in the global supply…
