World central banks rally behind Powell, stress Fed independence
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
2dCoinTelegrapheconomicsImpact
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
North America is becoming a less dominant force in the Bitcoin mining industry, ceding newly minted BTC to adversaries like China....
General-purpose blockchains can’t solve industry disputes over construction changes or equipment usage. Specialized layer 1s are optimized for stateless audit trails and regulatory compliance....