Catenaa, Thursday, January 30, 2025 – Federal Reserve Chair Jerome Powell said Wednesday that banks are allowed to serve cryptocurrency firms as long as they can properly manage associated risks, addressing concerns that the industry is being cut off from traditional financial institutions. “The threshold has been a little higher for banks engaging in crypto […]

Catenaa, Thursday, January 30, 2025 –The Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday, January 29, citing “elevated inflation” and a strong labor market, while bitcoin remained steady above $100,000.  “The Committee decided to maintain the target range for the federal funds rate at 4.25% to 4.50%,” the Fed said in […]