Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis

Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis

Senator Cynthia Lummis stated in an April 25 X post that the Fed's withdrawal of crypto guidance is “just noise, not real progress,” in contrast to the broader sentiment surrounding the Fed's recent decision.

Federal Reserve eases restrictive crypto guidance for banks

The U.S. Federal Reserve has pulled back on rules that previously made it harder for banks to work with cryptocurrencies and stablecoins. In a press release published by the agency on Apr. 24, the Federal Reserve said it will no…

Is Federal Reserve REALLY Crushing Crypto?

Caitlin Long criticizes the Federal Reserve for keeping one key anti-crypto restriction while revoking others, alleging it favors big banks. The remaining Fed guidance blocks banks from holding crypto as principal and issuing stablecoins on public blockchains. Long argues this gives large banks a head start with private stablecoins and hinders broader bank crypto services, urging legislative action. The Federal Reserve has come under fire for it…

Cynthia Lummis Critiques Federal Reserve’s Crypto Guidance Withdrawal

Senator Lummis criticizes the Federal Reserve's withdrawal of crypto guidelines. She deems the move ineffective and merely for public image enhancement. Continue Reading: Cynthia Lummis Critiques Federal Reserve’s Crypto Guidance Withdrawal The post Cynthia Lummis Critiques Federal Reserve’s Crypto...

Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why – The Daily Hodl – MAXBIT

Republican Senator Cynthia Lummis of Wyoming says that the Federal Reserve withdrawing its crypto guidelines for banking institutions is just “lip service.” In a new thread on the social media platform X, the pro-crypto legislator says the Fed’s recent actions are largely just for show due to several factors. Earlier this week, the Fed –...

US Senator Blasts Fed for Fake Crypto Reforms and ‘Lip Service’ Stunts - Invest In Crypto News

The Federal Reserve’s anti-bitcoin agenda is still raging despite a superficial policy retreat, sparking fierce backlash and igniting a new fight for crypto freedom. US Senator Warns Fed’s Anti-Bitcoin Agenda Still Alive After Crypto Policy Retreat U.S. Senator Cynthia Lummis (R-WY) openly criticized the Federal Reserve’s recent actions concerning cryptocurrency regulations in a series of […] Source link The post US Senator Blasts Fed for Fake C…