OMGFIN Daily News

Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy
Central Bank Director Jerome Powell has recognized that digital currency seems to have backbone as a resource class in the U.S. economy. Likewise, he expres...
Thu, 22 Jun, 2023 at 4:08 AM
Federal Reserve Chair Discusses De-Dollarization Threat, Risk of US Dollar Losing Reserve Currency Status
Central bank Administrator Jerome Powell has talked about the dangers of de-dollarization and the gamble of the U.S. dollar losing its hold money status. He...
Fri, 23 Jun, 2023 at 12:27 AM
IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning
The Global Money Related Asset's (IMF) business analysts have advised that restricting digital currency "may not be powerful over the long haul.&qu...
Fri, 23 Jun, 2023 at 12:41 AM
JPMorgan bank deploys JPM Coin for euro-denominated payments
German aggregate Siemens was allegedly the principal organization to handle euro-named installments utilizing JPM Coin. The US-based venture bank J...
Fri, 23 Jun, 2023 at 11:27 PM
Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law
The Bank of Tanzania (BOT) has repeated that shillings remain the East African nation's sole legitimate currency. The Zenith Bank said occupants providi...
Sat, 24 Jun, 2023 at 12:43 AM
Economist Peter Schiff Slams Fed Chair Over Economic Concerns — Claims Powell Overlooks 'Far More Relevant' Factors
Market analyst Peter Schiff has pummeled Central Bank Administrator Jerome Powell on a few main points of interest concerning the U.S. economy, the financia...
Sat, 24 Jun, 2023 at 12:14 AM
Amazon to invest $100M in generative AI center: Report
AWS is building a $100 million man-made intelligence center to stay aware of the expanding competition in cloud foundation administration. Amazon&...
Mon, 26 Jun, 2023 at 3:49 AM
Uncertainty over digital assets traps institutions in 'supervisory void' — Fed Governor
The absence of clarity on computerized resources could have critical ramifications for banks exploring higher loan fees, as per Take Care of Lead Representa...
Mon, 26 Jun, 2023 at 1:17 AM
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
However, Thomas Jordan, head of the Swiss Public Bank, declared the task at a gathering in Zurich; the bank actually feels "judicious" about a ret...
Tue, 27 Jun, 2023 at 12:56 AM
US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters provided Janet Yellen and Gary Gensler with a cutoff date of June 30 to answer her solicitations on the "Computerized Resource Marke...
Tue, 27 Jun, 2023 at 1:45 AM