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Yong Waldenmyer Dqz
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MK _CRYPTO
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###Powell: The Fed Can't Hold Bitcoin and Doesn't Seek to Change the Situation$BTC

Jerome Powell, Chairman of the Federal Reserve, said that the law does not allow the US central bank to hold a reserve of the cryptocurrency Bitcoin, and monetary policymakers have no desire to participate in any government efforts to do so.

Powell explained in a press conference following the Federal Reserve meeting yesterday, Wednesday, that considering the legal issues related to the central bank's possession of Bitcoin falls within the jurisdiction of Congress.
#Federal#Powell#Cryptoassets#Banking sector#Cryptocurrencies#Market regulation#Banks#Finance#Financetechnology#Bankingstability
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