President Donald Trump appointed Stephen Miran - a supporter of digital assets - to complete the term of Adriana Kugler on the Federal Reserve Board, in a move that strengthens his control over interest rate policy and indicates a more supportive direction for digital assets by the Fed.

President Donald Trump nominated Stephen Miran - Chairman of the Council of Economic Advisers - for membership on the Board of Governors of the Federal Reserve, in a move that coincides with the return of Bitcoin's price above $117,000, reflecting renewed momentum in digital policy and markets.

Trump announced this on Thursday on his Truth Social platform, confirming that Miran will take the seat vacated by Adriana Kugler after she resigned on Friday.