Fed Chair Powell Says Soft Landing Will Be 'Challenging,' Calls for Crypto Regulation

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“The same activity should have the same regulation no matter where it appears, and that isn’t the case right now because a lot of the digital finance products, in some ways, are quite similar to products that have existed in the banking system or the capital markets, but they’re just not regulated the same way,” he said. “So we need to do that.“

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