Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
Powell said banks and the Fed should be mindful that crypto activities can be done inside financial institutions.
Gino Matos 3 min read 
BoE governor Andrew Bailey also discussed Bitcoin and stablecoins, calling the former a speculative asset, while acknowledging the latter could serve a monetary purpose.
Powell remarks align with the Fed cautious stance regarding a CBDC.
ECB's regulatory move enables fintechs direct Eurosystem access, enhancing competition and reducing dependency on traditional banks.
The brief mention to the relation between banks and crypto was enough to make Bitcoin rebound 3.3%.
The Committee is asking for evidence regarding cases of crypto firms being denied of banking services.
Taiwan's stablecoin framework aims to bridge the gap between fiat and digital currencies, fostering safe and cheap cross-border transactions.
Morgan Stanley is exploring a strategic entry into crypto amid shifting perceptions and regulatory challenges.
The program, unveiled on Jan. 16, lets customers stake as little as 0.1 ETH, with a 12-week mandatory lock-up period before rewards are distributed.
