The Federal Reserve has decided to cut interest rates by 25 basis points, in line with market consensus. Given the rise in inflation to 2.7% in November, there is a growing risk that further rate cuts may be paused in the coming months.
Source: Federal Reserve Board
French MEP Sarah Knafo announced a proposal before the European Parliament to establish EU Bitcoin reserves and to halt the issuance of the digital euro being developed by the European Central Bank.
Source: Cointelegraph
The FTX bankruptcy trustee has announced that the creditor repayment plan will take effect on January 3, 2025, marking the conclusion of the bankruptcy proceedings that have been ongoing since late 2022.
Source: Kroll Restructuring Administration
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