On Friday, August 15, 2025, the US Federal Reserve (Fed) announced that it was scrambled by its “new activities” program. This program provided supervision of Krypto and Fintech’s activities of institutional creditors, reported on Reuters.
According to the Agency report, the banking regulator now integrates work into its regular banking supervision.
The US Central Bank, the Federal Reserve, launched a new program in 2023 in an effort to focus on how banks in the United States interact with developing technologies such as cryptocurrencies.
But now the US Fed says that the program has not been required because the central bank has strengthened its understanding of these risks and how the banks control them.
A reduction in US feed rates
The Minister of the United States Ministry of Finance called Scott Bessnt to reduce the federal reserve rate on 13 August 2025 and proposed to reduce key comparative interest rates by 150-175 basis points (BPS).
Bessnt expects to be a “good” chance to reduce the rate of 50 BPS since September 2025.
“There is a very good chance of lowering a rate of 50 basis points. We could get into a range of rates, starting with a reduction in rate of 50 basis points in September. The rates should probably be 150, 175 basis points lower,” Besno said in interaction with Bloomberg TV.
The Fedu Federal Committee (FOMC) of the US has decided in its July political decision to maintain key comparative interest rates unchanged in the range of 4.25-4.5%, according to the official announcement.
“The Committee decided to maintain the target range for the Federal Funds at 4-¼ to 4-½%. When considering the scope and timing of other adjustments to the Federal Funds, the US Fed said.
The central bank quoted that US inflation still remains at the “somewhat increased” level, but the unemployment rate remains low, with the hard conditions of the labor market.
(Tagstotranslate) US Fed
