Author: Cointelegraph By Turner Wright

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Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins. In a prepared statement for his speech at the American Enterprise Institute on Dec. 2, Quarles expressed concern that regulations could hamper innovation in the digital asset…
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Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022.  According to a Wednesday report from Bloomberg citing people familiar with the matter, U.S. President Joe Biden is considering qualified candidates including Federal Reserve Bank of Atlanta President…
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