🚀 Crypto & Banking: Powell’s Green Light—With Caution
In a pivotal statement, Federal Reserve Chair Jerome Powell confirmed that U.S. banks can provide crypto services—but under strict conditions. Powell emphasized that while the Fed does not seek to ban crypto, its duty is to ensure banks offering crypto-related services operate with prudence, proper risk management, and in compliance with regulatory frameworks. This balanced approach signals growing mainstream acceptance of crypto while reinforcing the importance of safeguarding financial stability. For crypto enthusiasts and institutional players alike, Powell’s remarks highlight the evolving synergy between traditional banking and digital assets. 📈💼
