{"id":22445,"date":"2025-04-16T19:31:45","date_gmt":"2025-04-16T19:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22445"},"modified":"2025-04-16T19:31:45","modified_gmt":"2025-04-16T19:31:45","slug":"fed-chair-powell-says-crypto-and-banking-rules-will-loosen-as-sector-matures","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22445","title":{"rendered":"Fed Chair Powell Says Crypto And Banking Rules Will &#8216;Loosen&#8217; As Sector Matures"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/04\/44848474\/fed-chair-powell-says-tariffs-lead-to-temporary-rise-in-inflation\">Federal Reserve Chair<\/a> <strong>Jerome Powell<\/strong> said Wednesday that the U.S. is preparing to relax certain cryptocurrency and banking regulations, marking a notable shift in tone toward the digital asset sector.<\/p>\n<p><strong>What Happened: <\/strong><a href=\"https:\/\/www.youtube.com\/watch?v=sVJtuioBY5w&amp;t=2547s\">Speaking<\/a> at the Economic Club of Chicago on Wednesday, Powell acknowledged that the crypto market has become more mainstream and emphasized the need for a clear regulatory framework, particularly around stablecoins.<\/p>\n<p>&#8220;There&#8217;ll be some loosening of that [crypto-related banking guidance],&#8221; Powell said, referring to previously strict rules imposed on banks engaging with crypto assets. <\/p>\n<p>He added that the goal would be to foster innovation &#8220;in a way that preserves safety and soundness&#8221; in the financial system.<\/p>\n<p>Powell cited the failures and scandals that once dominated the crypto landscape as a reason for the Fed&#8217;s initial cautious stance. <\/p>\n<p>But with stablecoins gaining traction and bipartisan &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44850021\/fed-chair-powell-says-crypto-and-banking-rules-will-loosen-as-sector-matures\" alt=\"Fed\" chair powell says crypto and banking rules will as sector matures>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Chair Jerome Powell said Wednesday that the U.S. is preparing to relax certain cryptocurrency and banking regulations, marking a notable shift in tone toward the digital asset sector. What Happened: Speaking at the Economic Club of Chicago on Wednesday, Powell acknowledged that the crypto market has become more mainstream and emphasized the need [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22445","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22445"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22445\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}