Federal Reserve: Bitcoin Futures Launch Led To December 2017 Price Decline

Тhe Federal Reserve Bank of San Francisco released an Economic Letter May 7, suggesting that Bitcoin's (BTC) decline following its $ 20,000 peak was the result of the launch of Bitcoin futures trading. The Federal Reserve's letter says that “the rapid run-up and subsequent fall in the price after the …
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St. Louis Federal Reserve Bank: 3 Qualities Bitcoin and Cash Share

The same release, though, sets a few questions, as the tax collector explains that virtual currencies (not just Bitcoin) function in the same manner as traditional currencies while, at the same time, treating it as property for tax purposes. St. Louis' Federal Reserve Bank, however, seems to be a bit more …
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St. Louis Federal Reserve says Bitcoin is 'Like Regular Currency'

The Federal Reserve Bank of St. Louis has provided some high-profile validation for a core premise of Bitcoin and other cryptocurrency. A blog post this week based on an earlier Fed research paper said that “bitcoin units have no intrinsic value” – but added that currencies “such as the U.S. dollar, the …
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Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency (news.bitcoin.com)

The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency.
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