Fed’s Waller: Crypto Euphoria Fades as TradFi Ties Strengthen
Federal Reserve Governor Christopher Waller noted that the initial euphoria surrounding digital assets is cooling, attributing this to increased integration with traditional finance. Institutional investors are adjusting risk mandates, leading to market recalibrations and price corrections, with Bitcoin experiencing a significant dip from its peak.
The Fed also plans to introduce "payment accounts" for fintech and crypto firms by late 2025, offering limited central bank access. These accounts will have balance limits and will not earn interest, aiming to foster innovation while managing systemic risk. Waller stated that market volatility is an inherent characteristic of this asset class.


Cryptovka
Fed’s Waller Notes Cooling Crypto Euphoria as TradFi Ties Deepen
Federal Reserve Governor Christopher Waller recently addressed the shifting dynamics of the digital asset market, suggesting that the initial wave ...


















