Did Powell suddenly relent? Don't be too quick to celebrate!

The Federal Reserve has just thrown out a "big gift": crypto banks no longer need to report in advance, the process for issuing stablecoins has been simplified, and the restrictions on exposure to crypto assets have also been relaxed.

#特朗普称无意解雇鲍威尔

But the old foxes in Washington aren't buying it at all—Lummis and Long, these political veterans, directly hit back: "It's just a show! They haven't really made any substantial changes!"

Ironically, just when Trump publicly supported Powell and quelled rumors of a "leadership change," the doubts only grew louder. Critics mock that this is merely a concession under pressure, and we are still far from true industry liberation.

#btc

Do you understand now? The Federal Reserve's sugar-coated shell is not fooling anyone in the knife-edge world of Washington. The spring for crypto banks? Ha, it hasn't even arrived yet.

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