#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 allowed to own Bitcoin and has no plans to change that policy. (reuters.com)

Role of Banks 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)