🟢 Officially: American banks enter the world of crypto!
In a session on June 24 before Congress, Jerome Powell, the Chairman of the Federal Reserve, stated that banks are now free to deal with cryptocurrency companies and provide services to them within legal frameworks and safety standards.
🎯 Why is this important?
• It ends the phase of "regulatory fear" and removes the reputational barrier.
• It paves the way for partnerships between traditional banks and crypto companies.
• It could reshape the global finance landscape by integrating blockchain with banks.
📌 Summary:
Powell's statement is a historic step toward integrating banks and blockchain, and it could be a pivotal turning point in the future of Bitcoin and institutional crypto.
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