The UAE is planning to spend $2bn (£1.5bn) on one of Donald Trump’s cryptocurrencies in a move that has triggered accusations of a conflict of interest.
“I think they’re chipping away, so that they can get to the Federal Reserve Board,” the former NCUA chair said Thursday of his and a fellow board member’s dismissal.
President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor.
Bitcoin's price has been rising in recent weeks. The digital currency, however, could fall back in value if investors grow concerned about the economy. Bitcoin (CRYPTO: BTC) has been picking up steam in recent weeks.