2023-11-7 18:32 |
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
2023-9-9 22:30 | |
|
|
Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an October 12 speech published on October 17. The post Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation appeared first on CryptoSlate.
2022-10-18 16:49 | |
|
|
| Analogue Notcoin - TapSwap |
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
Bitcoin's price has surpassed $65,000 after the cryptocurrency dropped below $57,000 last week.
Custodia Bank has filed a notice of appeal on April 26, challenging a lower court's decision from March denying its attempt to officially join the U.S. banking system.
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
Custodia Bank’s plea for a Federal Reserve master account was rejected. Here's why.