Browsing: Federal

Taken together, these initiatives reflect the SEC’s broader effort to make the United States a more workable jurisdiction for digital asset businesses and encourage innovation and capital formation in the U.S. market.

Fed raises rates 25 bps to 3.75%–4.00% in a unanimous decision, first hike since 2023. Bitcoin hovered around $76,000 with little immediate movement after the announcement.

The Federal Reserve raised interest rates by 25 basis points on Wednesday, taking its benchmark range to 3.75% to 4.00% in its first increase in more than three years. Markets are pricing in a further 75 basis points of tightening over the next six months.