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BREAKING: Fed Chair Powell Officially Unleashes Banks Into Crypto—Bull Run Incoming?
BREAKING: Fed Chair Powell Officially Unleashes Banks Into Crypto—Bull Run Incoming?
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Wall Street's sleeping giants just got their wake-up call. In a landmark move that'll send shockwaves through both TradFi and DeFi, Jerome Powell has effectively rolled out the red carpet for regulated banks to dive headfirst into crypto.
No more tiptoeing around custody services or 'blockchain experiments'—this is full-throttle institutional adoption.
The irony? Banks that spent years badmouthing Bitcoin are now scrambling to build trading desks before their competitors do. Expect a gold rush of FDIC-backed stablecoins, 'compliant' yield products, and—let's be real—a fresh wave of Wall Street bagholders when the next correction hits.
Powell's stamp of approval changes everything. Except maybe banks' addiction to middleman fees.
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