US Fed to create new crypto team amid concerns about unregulated stablecoins
The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system.
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 CointelegraphRelated market context
European Banking Authority Puts USDC Under Significant-Token Supervision
The European Banking Authority has designated USDC as the EU’s first significant e-money token under MiCA, setting up an additiona...
Mastercard expands crypto team as stablecoins, not Bitcoin, take center stage
Mastercard's focus on stablecoins over Bitcoin highlights a shift towards integrating blockchain with traditional finance, impacti...
Morgan Stanley Builds Crypto Lab to Test Stablecoins, Tokenization and DeFi at Scale
Key Takeaways: Morgan Stanley has opened a Digital Asset Lab dedicated to blockchain technologies. The test is to be applied to th...
German Savings Banks Begin Crypto Trading Rollout Inside Sparkassen App
Germany’s Sparkassen savings-bank group is beginning a phased cryptocurrency-trading rollout inside its existing banking app, taki...
JPMorgan Takes JPM Coin To Ethereum As Banks Test Public-Chain Settlement
JPMorgan is taking its bank-issued deposit token onto public Ethereum, an expansion that puts an established Wall Street payments...
Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears
The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallet...