BlockRock (FED) News

The US Federal Reserve issued guidelines for evaluating account and services requests. On Monday, the Central Banks announced that its Board of Directors established a three-tiered review framework to provide additional clarity considering due diligence and scrutiny. Fed says there are different...

The Federal Reserve of the US has been exploring Bitcoin. The Cleveland Fed released a study titled "The Lightning Network: Turning Bitcoin into Money" which investigates LN's role for BTC payments. Lightening is a secondary transaction layer launched in March 2018, which operates outside...

Global economies continues to face challenges of price pressures. To bring inflation back down in the US, the Federal Reserve announced raising interest rates. Chair Jerome Powell said in a public report on Wednesday that the Fed raised its policy rate by 3/4 percentage point, which is the highest...

Crypto banking, custody, and payment solutions company Custodia, founded by a 22-year Wall Street expert Caitlin Long, submitted a complaint against the US Fed. The company says Fed was illegitimately postponing a response on its master account request. Custodia's filing to the US District Court of...

The United States is on the list of countries with a growing share of cryptocurrency investors. Moreover, this country is confidently leading the world in terms of the number of bitcoin ATMs, which indicates the desire of Americans to test the possibilities of virtual currencies. The US Federal...

The US Federal Reserve made a long-awaited announcement on increasing interest rates. The Bank raised the amount of interest by ½ percentage point for the first time in more than two decades. This means that it will become more expensive for people, business operators and governments to borrow...

The Chairman of the Federal Reserve, Jerome Powell believes that digital innovation won't go away, so there is a need for new regulations. In a virtual summit held by the Bank of International Settlements, Powel said that Distributed Ledger Technology and decentralized finance have the potential...

The Federal Reserve System of the USA published a research paper on the digital USD, discovering the currency’s advantages and shortcomings. The establishment said that this is the first step between the system and stakeholders. Originally, the release was expected to be published in the summer...

Jerome Powell, head of the US Federal Reserve System, has previously criticized cryptocurrencies on numerous occasions. In his opinion, such instruments create great risks for investors. Even if bitcoin can push gold into the background, then this asset does not pose any threat to the dollar,...

Fed chair Jerome Powell talked about cryptocurrencies during an online meeting organized by the global financial institution Bank for International Settlements. Powell pointed out the volatile nature of crypto assets, concluding that they can't be a store of value. Hence, he doesn't consider BTC to...