Fed Chair Powell Endorses US Crypto Bills: ’This Is a Watershed Moment for Digital Finance’
Jerome Powell drops the regulatory hammer—in favor of crypto. The Fed chair just threw his weight behind landmark US legislation that could reshape the digital asset landscape.
The Powell Put
Wall Street's favorite central banker did the unthinkable: embraced disruptive tech without waiting for a 200-page risk assessment. His exact words? 'It's a great thing'—music to Bitcoin maximalists' ears.
What's in the Bills?
While details remain scarce, insiders suggest the proposals could finally clarify crypto's Wild West status—whether that means taming it or giving it steroids remains to be seen. Typical DC: solving yesterday's problems at tomorrow's pace.
The Institutional Floodgates
With Powell's blessing, expect Wall Street to dive headfirst into crypto—just in time for the next cycle's peak, naturally. Because nothing says 'sound investment' like FOMO-driven herd mentality with a side of quantitative tightening.
