FED interest rates are affecting crypto markets, while expert Adam Posen analyzes the Fed's soft landing strategy. Meanwhile, specific developments include EU mandates on crypto platforms and the renewal of the USDC collaboration between Coinbase and Circle.
1 report, 1 independent
Updated Aug 17
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What happened
FED interest rates are affecting crypto markets, while expert Adam Posen analyzes the Fed's soft landing strategy. Meanwhile, specific developments include EU mandates on crypto platforms and the renewal of the USDC collaboration between Coinbase and Circle.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Coinbase and Circle defined technical and treasury deployer roles in their collaboration.Sub-event
FED policy, expert analysis (Posen), EU mandates, and renewed collaboration between Coinbase and Circle.1 source
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The entities involved
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FED
business
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Circle
peer-to-peer payments technology company
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Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- Coinbase faces intense competition from Binance, while the CLARITY Act remains stalled in the Senate amid FED interest rate hikes affecting crypto.
- Crypto markets, tech stocks, and central banks react to rising oil prices and global economic pressures.
- Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.
- Fed Chair spoke at IMF meetings, leading to downward repricing of rate hike expectations and supporting crypto sentiment.
- Pending U.S. crypto legislation involving Coinbase.