BREAKING: FED Chair Powell Talks About Bitcoin and Cryptocurrencies at Press Conference
FED Chairman Jerome Powell answered a question about Bitcoin and cryptocurrencies at the press conference he held after the interest rate decision.
When asked whether Bitcoin and cryptocurrencies would affect the financial system, Powell responded as follows:
If banks can manage the risks, they can provide crypto services to their customers. The FED's role in crypto is focused on banks. Increasing crypto regulations would be beneficial.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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