It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown.
Michael Barr, the Fed’s vice chairman for supervision, said the central bank is trying not to stomp on crypto innovation and sees the need for stablecoin controls.
With U.S. Federal Reserve Chair Jerome Powell’s comments shaking market sentiment, plus a look at how we’re still early in crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup.