Federal Reserve's Half-Point Rate Cut Expected to Have an Impact on Crypto Litigation, Experts Say
The Federal Reserve's actions could lead to bigger litigation budgets and a higher degree of risk tolerance in the cryptocurrency space, said Alex More, a partner and head of litigation of Carrington, Coleman, Sloman & Blumenthal.
September 18, 2024 at 03:44 PM
3 minute read
CryptocurrencyWhat You Need to Know
- The Federal Reserve cut interest rates by a half percentage point.
- Experts in the digital asset space provided insight on the impact of the Fed's move.
Federal Reserve Chairman Jerome Powell announced Wednesday that the Fed cut interest rates for the first time in four years, this time by a half percentage point, as legal experts pinpointed the impact it will have on cryptocurrency litigation.
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