By Emir Abyazov Key highlights: The report proposes a clear classification system for cryptocurrencies as securities or commodities, with oversight split between the SEC and CFTC to reduce regulatory uncertainty. Banks would be permitted to provide crypto storage and related services, while a ban on developing a U.S. central bank digital currency is recommended to […]
Tag: AP
By Emir Abyazov Trump once again bombarded Federal Reserve Chair Jerome Powell with criticism, not shying away from calling him a “moron.” White House press secretary Karoline Leavitt holds a note from President Trump to Federal Reserve chair Jerome Powell. Source: AP The American president believes the country’s interest rates should be three points lower, […]
By Christian Encila Crypto is in the spotlight, as members of the US House Financial Services Committee met this week to tackle regulation reform. At centerstage is none other than the US President himself, Donald Trump, and his various engagements and ventures in cryptocurrency and Defi. Lawmakers from both sides of the aisle are now […]