#PowellRemarks

Recent statements by Fed Chairman Jerome Powell about crypto:

Bitcoin? Not for the Fed. Powell stated in December 2024 that the Federal Reserve is neither allowed nor intends to hold 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 regarding the closure of accounts for legitimate crypto businesses and promised to review oversight policies. (CoinDesk)

Stablecoins = promising future? Powell sees potential in stablecoins and supports 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)

#PowellOnCrypto #CryptoNews #Stablecoins #CBDC #BinanceListing

Do you want a more informal or more technical version as well? $BTC