📊Let's see the future of crypto from Powell's perspective
Aspects Powell's View
Crypto supports innovation, if there is regulation
Stablecoins will come under bank-like rules
CBDC (Digital Dollar) can come, will coexist with private crypto
High-interest environment will put pressure on crypto in the short-term
Retail Investor Protection Strict rules and surveillance will be there
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🔮 Future according to Powell:
"Crypto will remain, but not under jungle rule – with proper regulation it will become part of a sustainable financial ecosystem."