Powell Sees A Promising Future For Crypto, With A Key Role For Stablecoins
12h05 ▪
4
min read ▪ by
Jerome Powell, the chairman of the United States Federal Reserve, recently made significant statements that could mark a turning point for the cryptocurrency industry. As major institutions begin to pay increased attention to bitcoin, Powell mentioned the evolution of cryptos, announcing that they are moving toward mainstream adoption. Add to that legislative proposals on stablecoins and the stance of U.S. regulators, and the future of the digital asset market looks more promising than ever.
In Brief
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