Japan’s Finance Minister Backs Crypto — What It Could Mean for SHIB
Citi Warns High-Yield Stablecoins Could Shake Crypto Markets, SHIB Impact
Federal Reserve Official Says Staff Should Own Crypto: What This Means for SHIB
Summary: What did Japan’s Finance Minister say about cryptocurrencies and investment? Japanese Finance Minister Katsunobu Kato highlighted that cryptocurrencies, despite their high volatility, can be part of diversified investment portfolios if a proper investment environment is created. He emphasized that the government is working
Summary: Why is Ronit Ghose warning about high-yield stablecoins? Citi’s Ronit Ghose warned that offering interest on stablecoins could cause large withdrawals from banks, similar to the surge of money market funds in the 1980s. This shift could raise banks’ funding costs, leading to higher borrowing expenses for households and businesses. Experts caution that widespread
Summary: How could Federal Reserve staff owning crypto impact the broader market?
