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WASHINGTON (Reuters) -Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities. The Federal Deposit Insurance Corporation announced Friday that banks can engage in legally permitted activities, including those that involve cryptocurrency, without receiving prior regulatory approval and so long as they manage their risks appropriately. The move reverses previous FDIC policy, which required banks to clear any crypto activities in advance.

WASHINGTON (Reuters) -The U.S. Federal Reserve's seemingly locked-in path to a soft landing, already roiled by the arrival of the Trump administration, may be growing even more complicated as evidence of consumer caution about spending starts to align with new inflation risks and another jump in inflation expectations. Consumer spending and inflation data for February accentuated the point, with spending near zero once adjusted for inflation and a key measure of inflation itself increasing. "No matter how you want to slice it, it's shaping up to be a very weak quarter for real spending, and it may end up being the weakest quarter since the depths of the (pandemic) lockdowns," Inflation Insights President Omair Sharif wrote.

Consumer sentiment fell again in March as inflation expectations moved higher and consumers expressed more anxiety about the labor market and future business conditions.

With 30 days to go, TOKEN2049 Dubai gears up for a record-breaking return, expecting 15,000+ attendees, 200+ speakers, and 500+ side events across the city.

Core PCE beats forecast at 2.8%, raising concerns over delayed Fed rate cuts—analysts warn this could pressure Bitcoin and broader crypto market sentiment.

BELGRADE (Reuters) -The United States Treasury has granted a second 30-day extension to the Serbian oil company NIS's sanctions waiver, Serbian President Aleksandar Vucic said on Friday. The introduction of sanctions could have resulted in crude supply cuts for NIS, which operates Serbia's only oil refinery, with an annual capacity of 4.8 million tons, and covers most of the Balkan country's fuel needs. It is majority-owned by Russia's Gazprom Neft and Gazprom.

Dominari Holdings, a wealth management firm, announced during an earnings report on Friday that it would use a portion of its excess cash to buy shares of the iShares Bitcoin Trust.

Bitcoin holds steady as SEC sees leadership shift, Crusoe pivots to AI, and GameStop signals major Bitcoin investment.

(Reuters) -San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation progress gives her less confidence in that outlook, and with the labor market solid and the economy still growing, policymakers can wait to reduce rates until they assess how businesses will adjust to tariff costs. Speaking by phone in an initial interview late Thursday from Fairbanks, Alaska, Daly said local business and community leaders there expect that tariffs will increase their costs and are strategizing about how to find workarounds, but they also expect some levies to be relaxed over time, or to allow for some exceptions. Meanwhile inflation has come down from its peak, and the Fed's interest-rate cuts last year mean that projects businesses had put on hold are now "penciling out," and they are going ahead with them, she said.

The House of Representatives legislation would set up a government group across the Treasury, Justice Department and Secret Service to head off bad actors.