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Fed, Powell and Bitcoin

Cryptopolitan on MSN · 4d

There’s a reason Fed chair Jerome Powell hates Bitcoin. And it’s a pretty good one

Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for

Crypto on The Street on MSN · 4d

Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.

Powell says Fed cannot hold bitcoin, not seeking to change that

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

2d

Bitcoin Suddenly Surges Back To $100,000 On Huge $20 Trillion Price Prediction

Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed ...

1d

What does Trump’s crypto support mean for Americans?

A tiny bit of shine came off bitcoin when Federal Reserve Chair Jerome Powell poured cold water on the idea of the U.S.

Bitcoin Price Dips Below $100K; Will It Recover To $108K Soon?

Bitcoin price has sharply declined today after Fed Chair Jerome Powell signaled a hawkish move ahead, but experts remained ...

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