FameEX Morning Crypto News Recap | September 23, 2025
2025-09-23 05:00:45U.S. Congress Sees Bipartisan Effort to Move Forward Digital Asset Market Legislation
A group of 12 Democratic U.S. senators, including members of the Senate Banking and Agriculture Committees, have signaled their readiness to work with Republicans to advance legislation for a digital asset market structure. The senators issued a statement on Friday, urging Republicans to collaborate in drafting the bill, aiming to create a comprehensive regulatory framework for digital assets.
U.S. Senators Call on SEC to Permit 401(k) Investments in Bitcoin and Cryptocurrencies
U.S. lawmakers are calling on the SEC to implement former President Trump’s executive order, which would permit 401(k) retirement plans to include Bitcoin and cryptocurrencies as investment options.
Hamak of the Federal Reserve Cautions That Fast Removal of Restrictions May Fuel Inflation
Federal Reserve's Hamak noted that the current policy stance is moderately tight. He warned that lifting restrictions too quickly could result in inflationary pressures, urging a cautious approach to policy changes.
Fed Official Highlights Stablecoins' Role as Payment Tools, Not Savings Vehicles
Federal Reserve official Musalem highlighted the importance of adhering to restrictions on interest payments for stablecoins under the Genius Act. He underscored that stablecoins should primarily function as a means of payment, rather than becoming a tool for savings, to maintain financial stability and regulation.
UK and US Create Transatlantic Future Markets Group to Enhance Digital Asset Collaboration
The UK and the US have announced the creation of a "Transatlantic Future Markets Working Group" to deepen collaboration on capital markets and digital assets. Formed during President Trump's state visit to the UK, the group will focus on reducing cross-border financing challenges and exploring cooperation on digital assets in response to evolving regulations and legislation.
Deutsche Bank Forecasts Bitcoin as a Future Central Bank Reserve Asset by 2030
Deutsche Bank forecasts that Bitcoin will be recognized as a central bank reserve asset by 2030. While the US dollar currently makes up 57% of global reserves, there is a growing trend toward diversifying reserve assets.
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