#MarketCorrectionBuyOrHODL Shocking development, Jerome Powell, Chairman of the US Federal Reserve, announced an hour ago in a press conference that the US Federal Reserve is "not allowed to own Bitcoin", and confirmed that they "do not plan to change the laws" to allow this.

💡 This surprising statement casts a shadow over the market and raises major questions about the future of digital currencies, especially after the severe bleeding witnessed by the markets today.

❓ What does this statement mean?

1️⃣ It may reflect the reservations of government institutions about accepting digital currencies as part of the traditional financial system.

2️⃣ It opens the door to broader discussions about the need to develop new laws to integrate digital currencies into the economy.