カテゴリー: Federal Reserve

Meet the Liberty Advisor Helping the Crypto-Rich Avoid Capital Gains

Meet the Liberty Advisor Helping the Crypto-Rich Avoid Capital GainsSince the incredible bull run last year, early adopters, and even people who invested in cryptocurrencies back in January 2017, have made an incredible amount of financial gains. In the U.S. some people who want to cash out a good chunk of money realize they’ll end up paying the taxman (IRS) a lot of money […]

The post Meet the Liberty Advisor Helping the Crypto-Rich Avoid Capital Gains appeared first on Bitcoin News.

Red Flag Waved in Tether’s Relationship with Kraken Exchange

Red Flag Waved in Tether’s Relationship with Kraken ExchangeThis summer, over 50,000 trades on popular crypto exchange Kraken, concerning the very controversial alternative coin tether (USDT), were analyzed by journalists, an academic, and a former US Federal Reserve regulator. They describe activity monitored as highly unusual in that larger orders of tether failed “to sway prices much.” Red flags were raised due to […]

The post Red Flag Waved in Tether’s Relationship with Kraken Exchange appeared first on Bitcoin News.

Norway and England Contemplate Central Bank-Issued Cryptocurrencies

Norway and England Contemplate Central Bank-Issued CryptocurrenciesThe central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central […]

The post Norway and England Contemplate Central Bank-Issued Cryptocurrencies appeared first on Bitcoin News.

Federal Reserve Pres: People Want Dollar, Not Volatile Crypto

Federal Reserve Pres: People Want Dollar, Not Volatile CryptoSt. Louis Federal Reserve President, James Bullard, was recently interviewed at this year’s Consensus conference in New York City. That a top US economic policy maker was in attendance is victory enough; however, he was asked his opinions on cryptocurrency going forward by CNBC Global Markets Reporter Seema Mody. He explained he found the phenomenon […]

The post Federal Reserve Pres: People Want Dollar, Not Volatile Crypto appeared first on Bitcoin News.

How the Government Gave Your Money to the Banks – Again and Again

How the Government Gave Your Money to the Banks - Again and AgainBitcoin was created to bring back people’s control over their own hard-earned money. Perhaps no greater example exists of how we don’t currently have real influence over how our capital is being spent than banks getting bailouts from the government at taxpayer expense.  Also Read: Coinsource Installs 20 Bitcoin ATM Machines Around Washington DC A […]

The post How the Government Gave Your Money to the Banks – Again and Again appeared first on Bitcoin News.

New Bitcoin-Only Shop Open in New Hampshire

Free State Bitcoin Shoppe is Open in New HampshireDerrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an […]

The post New Bitcoin-Only Shop Open in New Hampshire appeared first on Bitcoin News.

Senate Candidate Accepts Largest Contribution in BTC

Republican Candidate Austin Petersen Accepts the Largest Campaign Contribution Paid in BTCThis week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines […]

The post Senate Candidate Accepts Largest Contribution in BTC appeared first on Bitcoin News.

St. Louis Federal Reserve Reps in Favor of Cryptocurrencies

Federal Reserve Reps of St. Louis in Favor of CryptocurrenciesAleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis have recently published an article that emphasizes many of the benefits of cryptocurrencies. The article states “that cryptoassets are well suited to become an important asset class,” in addition to offering praise regarding a number of the major applications associated with cryptocurrencies. […]

The post St. Louis Federal Reserve Reps in Favor of Cryptocurrencies appeared first on Bitcoin News.

Goldman Sachs Recognizes Bitcoin’s Future Potential

Goldman Sachs Recognizes Bitcoin's Future PotentialFirst, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin […]

The post Goldman Sachs Recognizes Bitcoin’s Future Potential appeared first on Bitcoin News.

Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate

Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US SenateIn the run-up to the 2018 November federal elections in the United States, at least three politicians are accepting bitcoin in donation, including an incumbent House member. One hopeful, Austin Petersen, is openly discussing the world’s most popular cryptocurrency’s benefits in his bid to win a US Senate seat. Also read: Tezos Foundation Board Member […]

The post Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate appeared first on Bitcoin News.