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Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar

Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar

Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value. Powell shared these views during his appearance at The New York Times DealBook Summit in Manhattan. Powell’s Argument When asked whether Bitcoin’s popularity reflects

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SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money

SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money

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SEC Chair Gensler Tempers Enthusiasm Over Ethereum ETF Applications

SEC Chair Gensler Tempers Enthusiasm Over Ethereum ETF Applications

Source: PixabaySecurities and Exchange Commission Chair Gary Gensler has downplayed the possibility of Ethereum ETF applications being approved in the near future. In a media briefing on January 24th, Gensler clarified that the recent approval Bitcoin ETFs by the agency was exclusive to Bitcoin. This clarification comes amid expectations from some quarters that spot Ethereum

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