The Federal Reserve has withdrawn guidance that limited certain banks from engaging in the crypto sector, reflecting the organization’s “evolving …
Latest in Federal Reserve
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U.S. Regulation
Federal Reserve to Host Blockchain & AI Payments Innovation Conference on Oct. 21
by Terron Goldby Terron GoldThe U.S. Federal Reserve announced Wednesday it will host a conference on payments innovation on Tuesday, October 21, in Washington, …
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U.S. Regulation
Fed Chair Sees Crypto Going Mainstream, Expects More Bank Engagement
by Terron Goldby Terron GoldFederal Reserve Chair Jerome Powell said this week that the crypto industry is becoming more “mainstream” and expects banks to …
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U.S. Regulation
Fed Chair Powell Views Bitcoin as Digital Gold, Not a Dollar Competitor
by Terron Goldby Terron GoldThe Federal Reserve Chairman Jerome Powell dismissed the notion of Bitcoin as a replacement for the U.S. dollar, instead framing …
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Market Watch
Positive CPI Data May Boost Bitcoin’s Price Coupled With the ‘Uptober’ Narrative, Experts Say
by Terron Goldby Terron GoldTraders are bracing for U.S. Consumer Price Index data this week, with a positive print likely influencing Bitcoin’s next price …
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Market Watch
The Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Selloff
by Terron Goldby Terron GoldThe U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the …
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Blockchain
Federal Reserve Takes Enforcement Action Against Customers Bank Digital Assets
by Terron Goldby Terron GoldCustomers Bancorp operates a 24/7 DLT-based payment system, Customers Bank Instant Token (CBIT), which is used by many companies in the digital …
