#PowellRemarks Federal Reserve Chair, Jerome Powell, has made several important statements regarding cryptocurrency:

Federal Reserve's Ownership of Bitcoin:

In December 2024, Powell stated that the Federal Reserve is not permitted to own Bitcoin and does not plan to change that policy. (reuters.com)

Bank's Role in Crypto Services:

In January 2025, Powell emphasized that banks are capable of serving crypto customers as long as they understand and manage the risks well. (dlnews.com)

Concerns about 'Debanking':

In February 2025, Powell expressed his concerns about reports of banks closing legitimate crypto business accounts, and committed to reviewing related oversight policies. (coindesk.com)