Fed Governor Bowman Says U.S. CBDC May Pose ‘Significant Risk’
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC’s job better, and she’s also suspicious of the dangers of stablecoins.
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Bitcoin Spot ETFs Approval Partially Priced In, Coinbase Says
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.
Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin slumped below $28,000, and ether dipped below $1670.
Crypto Observers Warn of Risk Aversion as Oil Prices Top $93
WTI crude oil has surged 30% higher this quarter, a rally that could feed into inflation, forcing central banks to keep rates elevated for longer than expected.
Crypto Exchange Kraken to Explore Stock Trading: Bloomberg
The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter.
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.
First Mover Americas: Bitcoin Hovers Around $27K Ahead of Fed Decision
The latest price moves in crypto markets in context for Sept. 20, 2023.
‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
Judge Zia Faruqui did not make any rulings on the SEC’s discovery requests or Binance.US’s opposition.
The Protocol: The CFTC Is Cracking Down on Crypto
The move marks a contrast to its previously ‘lenient’ image compared to the SEC.