Fed Chair Warsh declares no rescue for crypto firms in financial crisis
11h ago•
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🚨 Fed Chair Warsh rejects any rescue plan for $BTC and other crypto firms in crisis.
💥 Warsh stressed that the central bank is not in the bailout business, including for digital assets.
🔥 New stablecoin regulations under the GENIUS Act will prioritize holders, with strict reserve rules.
📊 Warsh urges banking regulators to work together to avoid weak crypto oversight.
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11h ago•
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