Powell says Fed cannot hold bitcoin, not seeking to change that
Dec 18, 2024 · Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.
Fed Chair Powell Says Bitcoin Has 'Staying Power' as an Asset Class
Jun 21, 2023 · Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank should play a “robust federal role” in overseeing stablecoins, a sizable slice of the overall crypto market that legislators are trying to craft rules for.
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin…
Dec 18, 2024 · Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act.
Bitcoin extends advance after Fed meeting, Powell commentary
17 hours ago · Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto ...
Fed Chair Jerome Powell Is Correct: Bitcoin Is In ... - Bitcoin …
Dec 4, 2024 · Today, the Chairman of the Federal Reserve, Jerome Powell, said in an exclusive interview with CNBC that Bitcoin is in competition with gold, not the U.S. dollar. “People use bitcoin as a speculative asset — it’s like gold,” Powell said.
What Fed chief Powell said about crypto that may have aided bitcoin…
Dec 5, 2024 · Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell. In comments Wednesday about the cryptocurrency, the central bank leader...
'We're not allowed to own bitcoin,' Fed Chair Powell says in light …
Dec 18, 2024 · U.S. Federal Reserve Jerome Powell said the central bank is not allowed to hold bitcoin and is "not looking for a law change" in the face of a promise made by President-elect Donald Trump to create a strategic bitcoin reserve.
Bitcoin (BTC) Rises After Fed Meeting, Powell Comments
1 day ago · Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto ...
Fed Chair Powell: Bitcoin Is 'Like Gold, It's Just Virtual And Digital'
Dec 5, 2024 · Federal Reserve Chair Jerome Powell addressed the perception of Bitcoin (CRYPTO: BTC) at the DealBook Summit on Wednesday, asserting that the cryptocurrency is more akin to gold than the U.S....
Powell: Fed 'not looking' for law change to own bitcoin - USA …
Dec 18, 2024 · Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate...