US Federal Reserve Stablecoin Policy Faces Critical Backlash from Custodia Bank CEO

Quick Summary:

The debate around how traditional finance should interact with the burgeoning world of digital assets is heating up, and at the center of a recent storm is the US Federal Reserve and its approach to Stablecoin Policy.

The passage of well-crafted federal stablecoin legislation could provide the regulatory certainty that banks need to confidently enter this market, potentially leveling the playing field and fostering innovation.

Senator Cynthia Lummis, a known proponent of clear crypto frameworks, has previously criticized the Fed’s approach, calling certain requirements for banks to report crypto activities “lip service” if they aren’t accompanied by clear pathways for engagement.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: Stablecoin Policy Crypto Regulation. US Federal Reserve Custodia Bank Caitlin Long Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 20:10:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1052 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28273537

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 8 hours ago

Coverage Areas: India

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