In a bold statement, Federal Reserve Chair Jerome Powell has clarified that the Fed has NO intentions of getting involved in creating a Bitcoin strategic reserve or stockpiling Bitcoin. š
Powell emphasized that the Federal Reserve is NOT allowed to own Bitcoin, and there are NO plans to change that stance anytime soon. This comes as a clear message to the crypto world: Donāt expect the Fed to back Bitcoin as part of any reserve strategy.
š„ With Bitcoinās rise and fall often tied to major financial announcements, this news could have a massive impact on how the market moves. Could this be a sign that traditional financial powers are distancing themselves from Bitcoin, or is it just a temporary stance?
š® Stay tuned as the crypto world reacts to Powell's comments! The future of Bitcoin just got even more interesting. š§
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