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23:27
The Federal Reserve revokes the 2023 guidance restricting uninsured banks from participating in crypto businesses
PANews, December 18 — According to crypto journalist Eleanor Terrett, the Federal Reserve has decided to rescind a guidance issued in 2023 that effectively prevented uninsured banks from becoming Federal Reserve members and engaging in crypto-related activities. This guidance was the basis for the Federal Reserve's rejection of Custodia Bank's application for a master account.
23:05
Crypto industry insiders meet with several US senators to discuss the Market Structure Act
Jinse Finance reported that the cryptocurrency industry has once again held meetings with U.S. Senate lawmakers who are currently drafting market structure legislation. The legislation will re-enter the negotiation stage in January, marking the last significant opportunity this year for industry representatives to clarify their positions during the negotiations. Participants stated that this is the final chance to clarify positions for 2025, such as protections for software developers in DeFi. They noted that although no new consensus was reached, the discussions have laid the groundwork for negotiations in January next year.
22:45
Sources say the US and Russia will hold talks in Miami this weekend.
Jinse Finance reported, citing CCTV News, that on December 17 local time, two sources revealed that U.S. and Russian officials are expected to meet in Miami, United States, this weekend. The relevant plans are still being formulated. One source disclosed that the Russian delegation is expected to include Dmitriev, President of the Russian Direct Investment Fund, while the U.S. delegation will include U.S. Special Envoy for Middle East Affairs Wietkoff and Trump’s son-in-law Kushner.
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