Fed Chair Powell Says Crypto And Banking Rules Will 'Loosen' As Sector Matures

Fed Chair Powell Says Crypto And Banking Rules Will 'Loosen' As Sector Matures

Fed Chair Powell signals loosening of regulations on crypto and stablecoins, citing need for clear framework. Industry welcomes shift in tone.

Fed Chair Signals Looser Crypto Oversight as Digital Assets Go Mainstream Fast

Crypto is charging into the mainstream as the Federal Reserve signals a dramatic shift, hinting at looser oversight and faster institutional adoption of digital assets nationwide. Fed Chair Powell Teases Softer Crypto Stance U.S. Federal Reserve Chair Jerome Powell spoke at the Economic Club of Chic...

Crypto Market Recovers Amid Optimism Led By Fed Chairman Powell

The crypto market has again turned green amid the positive momentum created by the macroeconomic shift. As per the market data, the latest remarks of the Federal Reserve Chairman Jerome Powell have triggered a noteworthy crypto uptick. Hence, the overall crypto market capitalization has reached $2.79T, showing a 1.29% increase over 24 hours. Bitcoin ($BTC) Surpasses $84K with a 1.24% Jump While Ethereum Surges by 0.06% Bitcoin ($BTC) has jumped …

Powell Signals Crypto Banking Easing & Stablecoin Framework

U.S. Federal Reserve Chairman Jerome Powell has indicated a possible "loosening" of rules for banks regarding cryptocurrency transactions, news that could be a game changer for an industry long under tight regulatory scrutiny. During a speech at the Economic Club of Chicago on April 16, the Fed chief noted that the cryptocurrency industry has faced a "wave of bankruptcies and fraud" in the past, but that this is now changing, with the industry b…

Jerome Powell announces a possible relaxation of the banking rules on cryptocurrency, with a desire to reconcile innovation and financial security. The Trump administration adopts a pro crypto posture: the FDIC and the OCC now allow banks to carry out crypto-related activities without prior authorization. Congress accelerates on stablecoins, with bills supported by Trump and Powell, aiming to frame these digital assets while strengthening consum…

Bitcoin, Ethereum, Dogecoin Steady Amid Stock Meltdown As Fed Chair Jerome Powell Signals Crypto Rules Relaxation: Popular Analyst Identifies Key Support Level For ETH

Leading cryptocurrencies traded flat on Wednesday as Federal Reserve Chair Jerome Powell’s positive comments regarding the industry.