In line with breaking information, FED Chairman Jerome Powell claimed in his testimony to the Senate that many cryptocurrency actions can be carried out in banks.
Powell’s full statements on cryptocurrencies had been as follows: “We don’t wish to forestall banks from offering companies to official prospects who use cryptocurrencies. When banks interact in cryptocurrency actions on their very own, it will be acceptable to ensure we perceive the dangers concerned. Many cryptocurrency-related actions might be performed solely in banks.”
*This isn’t funding recommendation.
