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This Week In Crypto
17 Jun 2026

Perps are coming to the United States

Fed Chair Warsh signals a simpler Fed and less forward guidance. As the MiCA deadline nears, Binance may suspend EU operations. We also cover the arrival of crypto perps in the U.S. after the CFTC approved Kalshi.
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A hawkish hello
The Federal Reserve, led by Chair Kevin Warsh, left interest rates unchanged at 3.5% to 3.75%, but signaled a more hawkish outlook. The Fed's latest projections showed a split committee, with the median forecast pointing to a quarter-point rate hike later this year. Warsh also confirmed he did not submit an individual rate forecast, consistent with his long-standing criticism of forward guidance and the Fed's "dot plot" process.Warsh used the meeting to signal broader changes at the Fed, announcing five task forces focused on communications, the balance sheet, data quality, productivity and jobs, AI, and inflation strategy. He repeatedly emphasized the Fed's commitment to price stability, a tone markets interpreted as hawkish, pushing Treasury yields higher and stocks lower. The Fed also released a much shorter post-meeting statement, highlighting Warsh's push to simplify and overhaul th
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