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Federal Reser
2026-10-08 13:56:35

Fed minutes flag stronger AI buildout as Greece proposes 10% crypto capital gains tax

WuBlockchain’s daily crypto briefing highlighted five developments spanning monetary policy, labor data, protocol security, tax policy, and cybercrime. Minutes from the Federal Reserve’s September FOMC meeting said most participants saw another rate hike by year-end as potentially appropriate. Several participants said policy rates were either not restrictive or only mildly restrictive, while some pointed to greater upside inflation risk in recent months. Staff also raised their outlook for growth and employment, with GDP expected to run above potential through 2028 and unemployment staying below its longer-run level through 2029. The minutes also said several participants viewed the scale and speed of AI buildout as continuing to exceed expectations, with broader agreement that AI investment could lift productivity and potential output over the next few years, though the size and timing remain uncertain. Separately, U.S. initial jobless claims for the week ending Oct. 3 came in at 197,000, below the 200,000 consensus, while the prior reading was revised to 199,000 from 197,000. Ethereum co-founder Vitalik Buterin warned that AI-driven progress in mathematics could weaken the practical security of lattice-based cryptography within two years and said users should not rush to move funds. Greece opened public consultation on a crypto tax bill that would impose a 10% capital gains tax on individual crypto sales. CrowdStrike, meanwhile, said an unidentified hacker used LLMs and AI tools to target South Korean financial institutions, with South Korean media estimating that data tied to about 68,000 people was exposed.

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Fed minutes flag stronger AI buildout as Greece proposes 10% crypto capital gains tax
CrowdStrike says hacker used LLMs and AI pentesting tools in attacks on South Korean financial firms
CrowdStrike says attackers in South Korean bank data breaches used AI tools and asked Claude about selling stolen data
China foreign ministry responds to AI-linked cyberattack allegation involving South Korean financial institutions