WebMay 3, 2024 · Speaking to Yahoo Finance about the effects of a rate hike on the crypto-ecosystem, Nicholas Cawley, strategist at DailyFX, said the effect would be minimal. "It is very unlikely that a neutral Fed outcome of a 50 basis point rate hike will have any noticeable effect on the cryptocurrency market," he said. However, he added: "What may increase ... WebSep 20, 2024 · The state financial watchdogs also were way ahead of the feds in the summer of 2024 when they issued a cease-and-desist order against BlockFi, another rapidly growing crypto bank, leading to a ...
Does The Federal Reserve Regulate Cryptocurrency? - Forbes
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