U.S. Federal Reserve Vice Chair Michael Barr on Wednesday said the Fed is working with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to regulate and supervise crypto-asset activities. Michael Barr also highlighted stablecoin regulations, risks in tokenizing bank liabilities, advancing consumer... Read more

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Crypto Liquidations Close to $1B as Scott Bessent Revises US Treasury Bitcoin Stance

The cryptocurrency market witnessed a downturn, with nearly $1 billion in liquidations in just 24 hours. This came after US Treasury Secreta...