Regulatory Landscape & Institutional Adoption - The Federal Reserve is integrating the supervision of crypto and fintech activities back into standard supervisory processes, signaling growing confidence in banks' ability to manage digital asset risks [4][5] - The Federal Reserve's rhetoric on crypto is softening, with the Fed chair stating banks are free to conduct crypto activities as long as they protect safety and soundness [5] - The US Treasury Secretary is walking back previous cold Bitcoin statements, indicating new Bitcoin purchases by the US government are very much still on the table [5][6] - Increased adoption of Bitcoin is observed among high-net-worth individuals, policymakers, fintech companies, and bankers [6] Market Trends & Investment Flows - Ethereum ETFs are experiencing significant inflows, with $600 million flowing in within 24 hours, surpassing Bitcoin inflows [5] - BlackRock is actively buying Ethereum, indicating a belief in its long-term value and potential [2][5] - Crypto exchanges are offering substantial bonuses (up to $100,000) to attract users, reflecting the industry's rapid growth and competition [11] Opportunities & Risks - Banks are now free to provide banking services to crypto companies, potentially fostering innovation and mainstreaming the sector [1][5] - The climate is changing towards more mainstreaming of the crypto sector, with Congress considering a legal framework [5] - There may be a loosening of conservative guidance and rules imposed on banks regarding crypto activities, potentially fostering appropriate innovation while preserving safety [5]

The Federal Reserve announced it will terminate its Novel Activities Supervision Program and resume oversight of crypto and fintech-related bank activities through its standard supervisory process. The program, launched in 2023, is being retired as the Fed has gained sufficient understanding of the associated risks and risk management practices, making a separate framework no longer necessary. https://t.co/l6wAwpUTu0 ...

The floodgates are about to openFull and utter embrace of crypto by all major banksWatcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 Federal Reserve ends program that increased bank scrutiny of crypto. ...

BREAKING: 🇺🇸 Federal Reserve will end its supervision program for Bitcoin and crypto activities by banks.Fed is giving Bitcoin the green light 🚦 https://t.co/2S6bm06FXj ...

When the Federal Reserve cuts interest rates, its favored inflation gauge tends to be coming down, or at least notably lower than where it may be when policymakers gather next month https://t.co/ePRyrOnPgL ...

CNBC has learned the Trump administration currently considering now 11 individuals to replace Fed chair J Pal when his term expires in May. I think we're in a good spot right now for talking about bringing the rate down. In my view, if you're starting to worry about the downside risk of labor market, move now.Don't wait. People love to talk about long and variable lags. Why do we want to wait until we actually see it crash before we start cutting rates.So, I'm all in favor of saying maybe we should start th ...

Hey, it's time. Let's bring co-anchor of CNBC Squawkbox and the New York Times columnist Andrew Ros and Andrew get some new numbers. Hopefully, nobody gets fired for them because they are not as good as was expected.Tell us about them. Uh they are not as good as had been expected. In fact, it appears that inflation is creeping higher.Uh this is the ne this is really the second piece in the uh puzzle that we've now seen inflation creeping higher and it's going to give the Fed pause now uh potentially about l ...

Speaking of the Fed, let's uh turn to Steve Leeman because we have some new potential replacements for Chair Pal that are being floated. Mr. . Leeman broke that story.He's got the details for us. Steve. Yeah, good morning, David.CNBC learning that the Trump administration currently considering 11 candidates that include three includes three names that have not previously been disclosed. All those to replace Federal Reserve Chairman J. Pal when his term expires in May.According to two administration official ...

app discovery for users and visibility for developers. >> We want to get over to Steve Liesman, who's at the table. He's got a bit of news on the list of possible fed picks.What have you got for us. >> Good morning Andrew. CNBC has learned the Trump administration currently considering now 11 individuals, including three names that have previously not been disclosed, to replace Fed Chair Jay Powell when his term expires in May, according to two administration officials.The three new names include. Jefferies ...

🇺🇸 LATEST: Treasury Secretary Bessent expects Fed to begin rate cuts in September with 50 bps. https://t.co/VIMg2qQpWi ...