Bitcoin saw a slight relief rebound as Fed Chair Jerome Powell did not address the economy or monetary policy in prepared remarks at Stanford University. However, Fed rate cut odds waver amid economic data releases ahead of next week’s FOMC interest rate decision. Fed Chair Jerome Powell Skips Comments on Economy, Monetary Policy In his

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The US FDIC plans to publish draft rules that will detail how stablecoin issuers apply for federal oversight under the GENIUS Act. This is expected to be released before the end of the month. FDIC Prepares First Proposal for Stablecoin Issuers According to FDIC acting Chairman Travis Hil, the agency will deliver its first proposal

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