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“The central bank is not authorized to hold Bitcoin and has no legislative plans regarding this matter.”

Jerome Powell, Chairman of the Federal Reserve (Fed), made a clear statement that the Fed has no policy concerning the accumulation of Bitcoin in the state reserves.

#btc #bitcoin #nostr #siamstr

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Discussion

BitcoinStu 1y ago

it's going to be the Treasury that holds the bitcoin, not the fed. We don't want the fed to hold it.

maiakee 1y ago

Yes !!

Miron Henden ⚡️ 1y ago

Good comment on the Treasury holding the #BTC Reserve. Again I do not see how this is bearish. You have the Federal Reserve Chair knowing and discussing about #Bitcoin in a press conference regarding macroeconomics. Western Nation State Reserves will happen.

maiakee 1y ago

I see