🚀 Federal Reserve's Role in Cryptocurrency Focuses on Banking
#FederalReserve #Cryptocurrency #Banking #JeromePowell #BankServices #CryptoBanking
According to BlockBeats, on January 30, Federal Reserve Chairman Jerome Powell stated that the Federal Reserve's role in the cryptocurrency sector is primarily to oversee banking activities. He emphasized that banks are fully capable of providing services to cryptocurrency clients. However, he noted that the threshold for banks engaged in cryptocurrency business is somewhat higher.#FederalReserve #Cryptocurrency #Banking #JeromePowell #BankServices #CryptoBanking