The US Congress considers allowing banks and credit unions to hold digital assets
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The US Congress is considering developing cryptocurrency regulatory rules that would allow banks and credit unions to hold digital assets, issue stablecoins, and use blockchain technology. （Watcher.Guru）
Federal Reserve Vice Chairman Jefferson stated that future policy adjustments should be determined by analyzing data trends, economic prospects, and risk balance. Officials need more time to evaluate the data before raising interest rates again, which echoes the statement made by New York Fed President John Williams. (Source: Jin Shi)
[Federal Reserve Vice Chair Jefferson: More Time Needed to Assess Before Making the Next Rate Decision]
Federal Reserve Vice Chair Jefferson stated that the Fed requires more time to assess before making the next rate decision. The Federal Open Market Committee needs to observe changes in various economic indicators to determine whether to proceed with the rate hike process. (Source: Jin10 Data)
