City Richmond Financial News
11.08 / 00:29
business
Blockchain
regulation
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
It's a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada's then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent loss of $190 million in user funds.
10.08 / 18:17
06.07 / 20:15
Law
regulation
Financial
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM's government
Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of the government.
26.05 / 03:53
UPS
Man
Action
Devon Henry Launches CryptoFederacy NFT Art Collection to Raise 13 Million Dollars for Social Causes
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.02 / 16:45
FIVE
Action
Remark
rate hikes
The Fed is likely to still take a measured approach to rate hikes despite calls for bigger action
Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path.
01.02 / 00:41
Provident
Progressive
businesses
Reserve
Federal Reserve's Barkin says businesses would welcome higher interest rates
The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday.
10.01 / 14:09
Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable
Federal Reserve Bank of Richmond President Thomas Barkin said Friday he supports the central bank’s hawkish outlook for monetary policy and is open to raising interest rates when its bond buying stimulus effort winds down.
31.12 / 15:05
COST
UPS
Citi
Fed Rate-Setting Panel Gets New Members in 2022 Amid Rate-Rise Expectations
Federal Reserve regional bank presidents who gain votes in the new year on the central bank’s interest-rate-setting committee are likely to strongly support raising borrowing costs to try to combat high inflation.
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