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FOMC Holds Rates Steady as White House Unveils Crypto Policy Framework
FOMC Holds Rates Steady as White House Unveils Crypto Policy Framework
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BTCCSquare news:
The Federal Reserve maintained interest rates at 4.25–4.5%, reflecting cautious Optimism amid persistent inflation concerns. Market participants now anticipate potential rate cuts as early as September, a move that could inject liquidity into risk assets.
Concurrently, the Biden administration released its inaugural comprehensive cryptocurrency policy report. The document establishes clear regulatory guardrails, including mandatory stablecoin licensing protocols, refined jurisdictional boundaries between agencies, and enhanced anti-money laundering requirements. This dual-pronged approach seeks to foster innovation while mitigating systemic risks in digital asset markets.
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