News list for " very close"
Federal Reserve Chairperson Jerome Powell said the central bank is monitoring credit conditions very closely and that the increase in defaults it sees does not foreshadow broader credit problems.
Johann Kerbrat, managing director of Robinhood Crypto, expressed a strong focus on the institutional and stablecoin space, seeing major acquisitions in 2024, such as Stripe's acquisition of Bridge, while excited about the tokenization of real-world assets. In addition, a final area that it says is being watched closely is the intersection between cryptocurrencies and AI. There is a lot of talk about how to fairly compensate creators who use its materials to train AI, and cryptocurrencies can pla...
Mr. Harker said the Fed must watch fintech "very closely".
