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11 Dec 2025

Clarity Act push ahead of the Holidays

The Fed cut rates by 25bps but signaled a wait-and-see stance ahead while the OCC cleared banks to offer crypto trading as intermediaries. Meanwhile, lawmakers push the Clarity Act before the holidays, though major hurdles remain
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A rate cut into a new wait-and-see period
The Federal Reserve cut interest rates by 25 basis points for a third consecutive meeting, lowering the benchmark rate to a range of 3.5%–3.75%, but signaled it may pause further cuts. In its forward guidance, the Fed said it will “carefully assess” the timing and extent of any additional easing, with Chair Jerome Powell emphasizing that further cuts will be harder to justify and that policymakers are now well positioned to wait and see how the economy evolves, despite projections still showing just one rate cut next year.
OCC Clear Banks to Offer Crypto Trading
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