🇺🇸 LATEST: US Federal Reserve Michael Barr is set to resign as vice chair for supervision.

Some crypto industry executives have viewed Barr as a key reason why many US banks have been hesitant to offer services to crypto firms as he once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.”

So it's a good sign 🚀🚀