Janet Yellen critiques Bitcoin as 'extremely inefficient' for making transactions
Yellen critiqued Bitcoin’s energy impact and utility while remarking that the Fed is right to pursue its research into CBDCs.
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Coinbase taps former Stripe exec to serve as chief compliance officer
Melissa Strait will oversee Coinbase's anti-money laundering and know-your-customer strategies.
Andrew Yang says he'd make New York City a 'hub' for bitcoin if elected mayor
New York City mayoral candidate Andrew Yang announced that he intends to make the city a "hub for BTC and other cryptocurrencies" if elected.
Senator-elect Cynthia Lummis wants to boost Bitcoin's profile when she enters Congress next year
The libertarian-leaning Republican Senator-elect sees Bitcoin working alongside the U.S. dollar.
Biden announces nomination of Janet Yellen to lead Treasury Department
President-elect Joe Biden and his transition team have announced Janet Yellen as the official Secretary of Treasury nominee.
Bridgewater's Ray Dalio says bitcoin isn't poised for the success its adopters hope
Bridgewater Associates founder and CIO Ray Dalio is expecting the growth of central bank digital currencies (CBDCs), but says he still sees problems with bitcoin as a currency.
Bank of Canada deputy who spearheaded digital currency efforts won't seek second term
The Bank of Canada's second-highest ranking official is ending her term in May 2021.
Forbes's new billionaire list features four crypto entrepreneurs with a combined $8.7 billion net worth
Four crypto entrepreneurs, with a combined net worth of $8.7 billion, have made it to Forbes’ 2020 world’s billionaire list.