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Federal Reserve Withdraws Crypto-Unfriendly Banking Guidance
In a significant move, the US Federal Reserve has decided to back away from its previous restrictions on banks engaging with crypto and stablecoin...
Fed Chair Highlights Crypto’s Growth and Stablecoin Regulation
Powell pointed to potential risks arising from ongoing tariffs and policy changes, including in trade, immigration, and fiscal areas.
He acknowledged the uncertainty surrounding...
Fed’s Waller Backs Banks and Non-Banks Issuing Stablecoins
In a recent statement, Waller said both banks and non-banks should be allowed to issue stablecoins. He noted that these digital assets could improve...
Massive Crypto Pumps Ahead – Trump, Fed, FOMC Rates
Donald Trump ran on dropping interest rates saying it’s better for the economy. He wants them to come down and right now. And today...
Fed Chair Jerome Powell: Banks Can Embrace Crypto
"We are not against innovation," Powell said, signaling a shift toward embracing the evolving crypto landscape.
This move opens up new opportunities for the financial...
US Federal Judge: DAO Members Can Be Held Liable
DAO, or decentralized autonomous organization, just got a wake-up call. A recent decision of a federal judge in the United States clarified the DAO...
Fed’s Kashkari: Most Crypto Transactions Linked to Crime
He recently stated that “very few transactions are happening on crypto… unless people are buying drugs or other illegal activities.”
This comment raises important...
Federal Court Rules Kraken Tokens Are Not Securities
This decision marks a significant victory for Kraken, the principle of regulatory clarity, and crypto users everywhere.
It also reaffirms Kraken’s long-standing stance that...
US Congressman Cites Bitcoin in Bill to Abolish FED
The "Bitcoin Standard" book explores the history of money. It advocates Bitcoin as a strong alternative to fiat currencies and central banks.
Massie explained that...
Largest Federal German Bank to Offer Crypto Custody Service
Big news from Germany's financial sector! Landesbank Baden-Württemberg, the country's largest federal bank, is diving headfirst into cryptocurrencies.
Starting in the second half of 2024,...