Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?
A side effect of the Fed’s medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise of cryptocurrencies. Source link
Feds
Sven Henrich on the Fed’s debt trap and why it’s causing more harm than good
The age of the new day trader has come about at an uncertain time for the world and the markets, meaning downturns and upturns are fleeting. Sven Henrich, founder of NorthmanTrader, is an expert at reading the macro signs of the market. On this week’s episode of The Scoop, he cautioned against continued interventions by …
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Coinbase Offers US Feds New Crypto Surveillance Tools
Coinbase is getting in on the government blockchain analytics game. The behemoth cryptocurrency exchange has initiated procurement deals with the Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS) for a cryptocurrency investigations tool called “Coinbase Analytics,” according to publicly available documents. The Block first reported on the prospective deals Friday. Coinbase Analytics has …
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Feds add fintechs PayPal, Intuit to emergency coronavirus loan program
Fintech companies PayPal and Intuit were approved by the Small Business Administration (SBA) to distribute funds as part of the U.S. agency’s emergency lending program, enacted amid the ongoing coronavirus pandemic. PayPal and Intuit released statements on April 10, declaring their participation after the SBA’s approval, according to coverage by CNBC. The SBA plans administer …
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