When asked by reporters whether it is valuable and beneficial for the country to establish Bitcoin reserves, Powell said the original statement about not allowing ownership of Bitcoin is: The Federal Reserve Board has specified the assets we can hold in reserve, and we currently do not allow ownership of cryptocurrencies. We are not seeking a legal change ourselves; such issues should be considered by Congress, not by the Federal Reserve Board seeking legal changes.

The meaning is very clear: we simply do not allow holding BTC as reserve assets for now, and it is not us seeking legal changes on such issues, but rather Congress making the decision!

Isn't this a positive sign? Is the market interpreting this out of context?