Fed President Says Crypto 'Almost Never' Used Outside of Drug Deals, Illegal Activities
Minneapolis Federal Reserve President Neel Kashkari said “very few transactions are actually happening” in crypto at a town hall in Wisconsin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Nexo: Federal Reserve Decisions Put Crypto Market Recovery to the Test
According to Nexo’s analysis, bitcoin’s price trajectory depends largely on Federal Reserve policy and upcoming inflation trends....
Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals
Bitcoin Magazine Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals A shareholder from one...
Crypto Broker Gets 160 Months In US Drug-Money Laundering Case
TL;DR: A Colombian crypto broker received a 160-month prison sentence in a US laundering and narcotics case, prosecutors announced...
Ripple Makes a Shock SEC Move After $150M XRP Fight as OCC Unveils GENIUS Act Rules
In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law tr...
Colombian Police Dismantle $42M Crypto Drug Laundering Ring
The operation involved movements across four different locations to capture “Gallo,” the head of an organization accused of drug t...
Toto Finance seeks $5M from Cardano treasury for copper reserve
Cardano's treasury decision could redefine its role, balancing between funding innovation and engaging in speculative investments,...