Big news in the world of cryptocurrency! The Federal Reserve, which controls money in the US, is worried about banks refusing service to crypto companies. This is called "debanking." It's making things harder for people using crypto.
- Banks are scared of breaking rules about money laundering.
- The Fed is looking into ways to fix this problem.
- The Fed said it won't create a digital US dollar anytime soon.
- Bitcoin's price dropped a bit recently.
| Topic | Details |
|---|---|
| Bitcoin Price | Down 2.35% in 24 hours to around $95,140 |
| Fed's Action | Reviewing policies to address debanking |
| Digital Dollar (CBDC) | Fed says no plans to create one |
