In brief Federal agents arrested 21-year-old Zyaire Wilkins of North Lauderdale, Florida, accusing him of helping run a scheme that hid crypto-stealing …
Feds
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Finance
Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem
by shayaanby shayaanStablecoins have moved from a crypto-policy-side market to Kevin Warsh’s Federal Reserve’s dollar-policy agenda. Fed Governor Christopher Waller used the central bank’s …
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Regulation
Jerome Powell Supports Fed’s New Stablecoin Policies—But Chair Kevin Warsh Abstains
by shayaanby shayaanIn brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users. Former Fed Chair Jerome Powell backed …
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Finance
The Fed’s rate lever is breaking as bond markets stop following its lead
by shayaanby shayaanFor decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to …
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Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers …
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Markets
Google engineer insider-traded search results on Polymarket, Feds allege
by shayaanby shayaanThe charges mark the second major arrest over insider trading on a prediction market. www.coindesk.com
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Finance
Fed’s Bowman flags rising AI risks to banks, calls for coordinated oversight
by shayaanby shayaanFederal Reserve Vice Chair for Supervision Michelle Bowman urged regulators to work more closely together as artificial intelligence tools rapidly make their …
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Finance
Fed’s Goolsbee warns rate cuts may be delayed until 2027 on Iran war oil shock
by shayaanby shayaanAustan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps …
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A top U.S. central banker sounded a stark warning about the risks posed by stablecoins on Tuesday, saying that even after the …
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Scams
Fed’s Barr Says Stablecoins Need Tighter Controls to Fight Money Laundering
by shayaanby shayaanIn brief Fed Governor Michael Barr called on regulators to implement anti-money-laundering controls for stablecoins following last year’s passage of the GENIUS …