Federal Reserve Chairman Powell hints at easing cryptocurrency regulations, U.S. digital asset legislation accelerates

According to BlockBeats citing TechinAsia, on April 17, Federal Reserve Chairman Powell revealed in an interview at the Chicago Economic Club that the regulation restrictions on banks conducting cryptocurrency business may be relaxed in the future. Powell acknowledged that the frequent failures and fraud in the cryptocurrency industry in recent years were concerning, but now the market has become more mainstream. He stated, "The Federal Reserve's previous regulatory guidance for banks was relatively conservative, and other agencies were even stricter, but relevant rules are expected to be relaxed. We will promote moderate innovation while ensuring the safety of the financial system, protecting consumers from unknown risks, and ensuring the stability of banks.

" Since Trump took office in January this year, U.S. federal banking regulators have been continuously adjusting their policies regarding digital assets. Last month, the Federal Deposit Insurance Corporation (FDIC) rescinded old guidelines, allowing regulators to conduct compliant cryptocurrency business without prior approval; the Office of the Comptroller of the Currency (OCC) also clarified that federal banks can participate in cryptocurrency-related activities.

At the same time, the U.S. Congress is accelerating the construction of a stablecoin legislative framework. Related bills in both the House of Representatives and the Senate have passed committee review, and Trump expressed hope to sign them into law as soon as possible. Powell commented on this, saying: "Stablecoins, as potential widely used digital products, should be equipped with standard consumer protection and information disclosure requirements, which is the core of Congress's legislative work." #比特币与美国关税政策