US EditionCrypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis
- The Federal Reserve withdrew guidance for banks on crypto activities on April 24.
- Previous guidance and standards made finding banking partners harder for crypto firms.
- This change removes the expectation for banks to provide advance notice of crypto operations.
- Senator Cynthia Lummis called the Fed's steps 'mere lip service' regarding real progress.
- The action may lower compliance burdens and open doors for greater bank involvement.
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23 Articles
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…
US Senator Blasts Fed for Fake Crypto Reforms and ‘Lip Service’ Stunts
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…
US Senator Blasts Fed for Fake Crypto Reforms and ‘Lip Service’ Stunts - Coin Surges
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 […] Read Entire Article The post US Senator Blasts Fed fo…
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