Statements by Jerome Powell, the head of the U.S. Federal Reserve, have once again influenced the cryptocurrency market. He emphasized the need for regulation of digital assets, especially stablecoins, citing risks to financial stability. Powell also stated that cryptocurrency will not replace the dollar but can coexist under sound oversight. These comments triggered short-term volatility in the market: Bitcoin fell but quickly recovered. Investors perceive the Fed's rhetoric as a signal of impending stricter regulation. At the same time, Powell highlighted the potential of blockchain and digital currencies if they develop within the law. His position is a balance between innovation and consumer protection.