The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token redemption, extending bank-style anti-money laundering standards to stablecoins.
The Federal Reserve kept rates unchanged but signaled potential rate hikes under new Chair Kevin Warsh as inflation concerns persist, sending Bitcoin and stocks lower.
President Donald Trump signed an executive order Tuesday instructing the Federal Reserve and other regulators to dismantle longstanding barriers that have excluded crypto and fintech firms from the U.S. payment system, escalating a years-long battle over access.
The Senate has confirmed Bitcoin-friendly former Fed governor Kevin Warsh as Federal Reserve chair, setting the stage for a potential shift in U.S. monetary policy just one day before lawmakers vote on the crypto market structure Clarity Act.
President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, cleared a key Senate hurdle Tuesday, putting a bitcoin-friendly former Fed governor one vote away from becoming the most powerful central banker in the world.
Brazil has signed a landmark law that allows authorities to channel crypto seized from criminal organizations directly into public security initiatives.