Crypto updates: FOMC, base initiatives, U.K. Stablecoin regulations

Bitcoin remains over $115,000 with expectations of rising to $120,000 if the Fed shows leniency during the upcoming FOMC meeting. Altcoins like Ethereum and Solana faced downward movement but showed slight recovery.

Coinbase-backed Base plans to integrate Solana and considers launching a new token, aiming to improve interoperability and expand its developer base.

Concerns rise over the Bank of England’s proposed limits on stablecoin ownership, which may negatively affect U.K. Users compared to other regions.

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