Fed Payments Conference: Discussion on crypto, stablecoins, and AI, PBOC warns of illegality
At the Payments Innovation conference today, the Fed discussed crypto, stablecoins, and AI with industry leaders, focusing on regulation and integration. According to CryptoNews, the PBOC of China warned of illegal activities, causing Asian crypto stocks to drop by 4-5%, with COIN losing 4.8%. Leverage futures up to 200x increase liquidation risk to 787 billion USD. Experts from Grayscale forecast short-term weakness, but the Fed's rate cut in December supports. BTC increased by 6% thanks to ETF inflows, despite neutral sentiment. The event shapes policy for 2026, promoting stablecoin adoption but increasing pressure in Asia.
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