Trump Shakes Up Fed with Bitcoin-Boosting Pick Miran—Crypto Markets Rally

Washington just got a lot more interesting for crypto. President Trump taps pro-Bitcoin economist Miran for a key Federal Reserve seat—sending digital asset prices soaring.

Wall Street's old guard won't like this one bit. The nomination signals a potential policy shift at the world's most powerful central bank. Traders are already pricing in looser crypto regulations.

Miran's track record speaks volumes. Known for advocating dollar-Bitcoin coexistence, the pick could accelerate institutional adoption. 'Finally someone who understands monetary policy needs an upgrade,' quipped a Coinbase exec.

The timing couldn't be better—or more suspicious. With election season heating up, some see this as political theater. 'Nothing rallies the base like sticking it to the banking elite,' noted a hedge fund manager while adjusting his Bitcoin holdings.

One thing's certain: the Fed's marble halls may soon echo with debates about blockchain, stablecoins, and why fiat currency looks increasingly like legacy tech. The real question? Whether Miran can survive Washington's bureaucratic machinery long enough to make a difference.

Bonus jab: Goldman Sachs analysts were seen frantically revising their 'Blockchain Is Overrated' PowerPoint decks.

Who Is Stephen Miran?

Stephen Miran is a financial economist who has previously worked as a senior advisor at the U.S. Treasury Department. He is also the co-founder of Amberwave Partners, an investment firm that promotes economic freedom, strong national defense, and fair markets. Miran has publicly expressed support for Bitcoin and has shown interest in a financial system that allows more personal freedom.

His background combines both traditional finance and modern ideas, making him a unique voice among central bankers.

Why This Nomination Matters for Bitcoin

The Federal Reserve plays a key role in setting U.S. monetary policy. It influences interest rates, inflation, and how money flows in the economy. Adding someone like Miran to the board could shift the Fed’s attitude toward innovation and decentralization.

Miran is not a radical bitcoin promoter, but he supports sound monetary principles, which align with Bitcoin’s philosophy. His appointment may encourage more discussions within the Fed about blockchain technology, crypto regulations, and digital currencies.

For Bitcoin investors, this could be a good sign that U.S. policy might become more open to crypto in the near future.

Trump’s Changing Tone on Crypto

Donald TRUMP was previously known for being skeptical about Bitcoin and other cryptocurrencies. He once called them a threat to the U.S. dollar. However, his recent moves show a softer stance. By nominating someone like Miran, who is open to digital assets, Trump may be trying to appeal to the growing number of American voters who support crypto innovation.

Some experts believe that if Trump returns to office in 2025, his administration could take a more balanced approach to regulating crypto—encouraging innovation while still protecting investors.

Reactions from the Crypto Community

Crypto supporters have welcomed the news. Many see Miran’s nomination as a potential turning point for how the U.S. government treats blockchain technology and digital assets.

Several Bitcoin advocates on social media noted that having someone pro-Bitcoin at the Fed could help protect the industry from overregulation. Others say it’s too early to tell, and that Miran’s actual influence will depend on whether he can get support from other members of the Fed.

Still, the nomination sends a signal that Bitcoin and crypto are becoming mainstream topics even in high-level U.S. financial institutions.

What Happens Next?

Stephen Miran’s nomination must be confirmed by the U.S. Senate. The process involves hearings and votes, where lawmakers will question him on his views about monetary policy, inflation, interest rates, and financial innovation.

If confirmed, Miran will join other members of the Federal Reserve Board, which plays a key role in shaping the U.S. economy. His term WOULD likely run for 14 years, giving him plenty of time to make an impact.

Implications for Crypto Investors

For crypto investors, this move could lead to more favorable policies in the long run. If the Federal Reserve starts seeing crypto as part of the future economy rather than a threat, it may push for smarter regulations and even explore the idea of a U.S. central bank digital currency (CBDC).

Miran’s presence on the board could also influence how the Fed collaborates with other agencies like the SEC and CFTC, which oversee the crypto market. Better coordination among regulators could provide more clarity for crypto businesses and investors.

Conclusion

Stephen Miran’s nomination to the Federal Reserve Board by Donald Trump has created a buzz in both financial and crypto circles. His support for Bitcoin and experience in economic policy could bring a fresh perspective to the Fed.

If confirmed, Miran’s presence might help steer the U.S. toward a more crypto-friendly future—one that embraces innovation without ignoring financial stability. As crypto adoption continues to grow worldwide, having pro-crypto voices in powerful positions like the Fed could make a big difference.