Recent statements by Fed Chairman Jerome Powell about crypto:
Bitcoin? Not for the Fed. Powell stated in December 2024 that the Federal Reserve is not allowed and has no intention of holding Bitcoin. (Reuters)
Banks and crypto: In January 2025, he stated that banks can work with clients in the crypto space, as long as they manage risks well. (DLNews)
Debanking under scrutiny: In February, he expressed concern about the closure of accounts for legitimate crypto businesses and promised a review of oversight policies. (CoinDesk)
Stablecoins = promising future? Powell sees potential in stablecoins and advocates for their regulation. (CoinDesk)
No CBDC during his term: In March 2025, he rejected the idea of a Fed-issued digital currency, citing privacy and the efficiency of the current system. (Investopedia)