The Federal Reserve Allows Banks to Support Cryptocurrency, Is Bitcoin Welcoming a New Spring? 🚀💥
The Federal Reserve suddenly 'softened' its stance, allowing banks to support cryptocurrencies and stablecoins, which is great news for Bitcoin! 🎉
Previously, the Federal Reserve had warned banks against entering the cryptocurrency market, but now it has eased regulations, indicating support for banking innovation. Although conventional banking regulations still apply, major banks can confidently enter the market to support Bitcoin. 📈
MicroStrategy founder Saylor frankly stated, 'This is a huge positive for Bitcoin!' Industry insiders also believe this means banks can participate more actively in the stablecoin market, and regulation is finally making adjustments rather than directly obstructing the integration of cryptocurrencies.
However, the situation is not completely resolved, and future stablecoin legislation may cause further waves, but for now, the potential for Bitcoin's rise has been reignited! 🔥