In a bold and definitive statement, Federal Reserve Chair Jerome Powell has set the record straightāthe Fed has NO intentions of creating a Bitcoin strategic reserve or stockpiling BTC. š
š„ Powell confirmed:
The Federal Reserve is not allowed to own Bitcoin under its current regulations.
There are NO plans to change this stance anytime soon.
This announcement sends a clear signal to the crypto world: traditional financial powers are keeping their distance from Bitcoinā¦ for now.
š What Does This Mean for Crypto?
Market Impact: With Bitcoinās price often reacting to major financial news, Powellās comments could influence the next BTC market move.
A Temporary Stance? While the Fed remains cautious, Bitcoin continues to gain traction globally as a decentralized alternative.
New Opportunities: This might open the door for private institutions to fill the gap, reinforcing Bitcoinās role as the peopleās currency. š
š® The Bigger Picture:
Could this signal a growing divide between traditional financial institutions and the unstoppable rise of decentralized assets? Or is it just a matter of time before Bitcoin becomes impossible to ignore?
š„ One Thing Is Clear: The crypto world isnāt slowing down. While the Fed stays on the sidelines, the future of Bitcoin is being shaped by global adoption, innovation, and YOUāthe crypto community.
š¬ Whatās your take? Drop your thoughts below and stay tuned for the latest developments. The crypto revolution is just getting started! ššø
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