Federal Reserve

Kraken Secures Federal Reserve Master Account in Historic First for Crypto Industry

Crypto exchange Kraken has achieved a major milestone for the digital asset industry after its banking arm, Kraken Financial, secured a Federal Reserve master…

4 days ago

Federal Reserve Withdraws Restrictive 2023 Policy Severely Limiting ‘Novel’ Crypto Activities

The Federal Reserve has withdrawn guidance that limited certain banks from engaging in the crypto sector, reflecting the organization’s “evolving…

3 months ago

Federal Reserve to Host Blockchain & AI Payments Innovation Conference on Oct. 21

The U.S. Federal Reserve announced Wednesday it will host a conference on payments innovation on Tuesday, October 21, in Washington,…

6 months ago

Fed Chair Sees Crypto Going Mainstream, Expects More Bank Engagement

Federal Reserve Chair Jerome Powell said this week that the crypto industry is becoming more “mainstream” and expects banks to…

8 months ago

Fed Chair Powell Views Bitcoin as Digital Gold, Not a Dollar Competitor

The Federal Reserve Chairman Jerome Powell dismissed the notion of Bitcoin as a replacement for the U.S. dollar, instead framing…

1 year ago

Positive CPI Data May Boost Bitcoin’s Price Coupled With the ‘Uptober’ Narrative, Experts Say

Traders are bracing for U.S. Consumer Price Index data this week, with a positive print likely influencing Bitcoin’s next price…

1 year ago

The Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Selloff

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the…

1 year ago

Federal Reserve Takes Enforcement Action Against Customers Bank Digital Assets

Customers Bancorp operates a 24/7 DLT-based payment system, Customers Bank Instant Token (CBIT), which is used by many companies in the digital…

2 years ago