U.S. President Joe Biden will nominate Sarah Bloom Raskin as the U.S. Federal Reserve's vice chair for supervision, CNBC reported on Thursday, citing people familiar with the matter. The president will also tap Lisa Cook and Philip Jefferson as Fed governors, according the report. Source link … [Read more...] about Biden to Tap Sarah Bloom Raskin for Fed’s Powerful Vice Chair for Supervision: Report
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China’s state-run media slams Bitcoin trading, calls for stricter supervision
Following the Bitcoin mining debacle that originated from China earlier this week, Xinhua News, the official state-run press agency of the People’s Republic of China, published a new article today, highlighting the risks of cryptocurrency trading.The authors of the publication started off by explaining how leveraged trading works—a method where users effectively borrow money … [Read more...] about China’s state-run media slams Bitcoin trading, calls for stricter supervision