The year 2025 has begun beautifully, and cryptocurrency enthusiasts are optimistic that this positive trend will continue through at least the first two quarters. With Trump taking office, the landscape for cryptocurrencies is set to shift as, for the first time in history, a U.S. President and his cabinet approach cryptocurrencies with an open mind. Among Trump’s bold proposals is the creation of a national Bitcoin $102,265 reserve. What about Powell?
Fed’s Stance on Cryptocurrencies
The Federal Reserve’s attitude has been a significant barrier for banks wanting to enter the cryptocurrency market. Fed Chair Powell has expressed reservations about this idea, emphasizing the need for regulatory frameworks. Trump aims to address this, needing only to persuade politicians within his own party. Will the Fed’s stance towards cryptocurrencies change?
<…>
Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet