The Federal Open Market Committee said on Wednesday it will keep the federal funds rate unchanged at 3.5%-3.75% while assessing the economic effects of the ongoing Middle East conflict. Chair Jerome Powell said growth remains solid and consumers are resilient, but housing is weak, the labor market is softening and inflation is still above the 2% goal. Market pricing for the April 2026 meeting shows 97% expect no change and 3% expect a 25-basis-point hike.

FTX Recovery Trust said it will distribute $2.2 billion to eligible creditors on March 31, 2026, with funds expected to arrive via selected providers within one to three business days. The round includes payouts of 18% for Dotcom Customer claims, 5% for US Customer Entitlement Claims and 15% for General Unsecured Claims and Digital Asset Loan Claims, while Convenience claims are slated for 120% under the plan. The trust said the next payment round is scheduled for May 29, 2026, bringing total distributions since February 2025 to about $10 billion after this tranche.

Bhutan's state-linked Druk Holding and Investments moved more than 973 BTC worth over $72.3 million in six transactions over the last 24 hours as the crypto market weakened. Arkham Intelligence data shows Bhutan now holds over 4,400 BTC valued above $322 million, down from a peak of about 13,295 BTC in October 2024.