Federal Reserve
Bitcoin breaks above $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.
Kevin Warsh's first Fed meeting could be more about communication than rates
While monetary policy is expected to remain unchanged, markets are focused on whether the new chair begins reshaping how the U.S. central bank communicates.
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.
Federal Reserve proposes limited master accounts long pursued by crypto firms
The U.S. Fed issued a revised proposal on the structure of payment accounts, taking the next step to build on an earlier pitch for so-called skinny accounts.
Jane Street accused of dumping $192M UST before Terra crash
Newly unsealed court filings allege Jane Street used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of UST before the stablecoin's 2022 collapse. The firm then allegedly made $134 million shorting Terra. Jane Street denies the claims. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Trump orders government, Fed to review crypto firms' access to payment rails
Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote
Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy debates.
eBay rejects GameStop's $56B bid
eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Fed leaves rates unchanged at Jerome Powell's final meeting as chairman
The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.
