Bitcoin $113,239.43 price It continues to linger at $ 113,400, and the FOMC minutes undermined the risk appetite of investors. Fed yesterday’s Crypto Coins After supportive explanations for today, he made similar tons of explanations. These supportive explanations of two names that require interest reduction can be interpreted as blinking Trump.
Fed Crypto Money Description
Speaking at the event he recently attended, FED member Waller made attention to the transformation in the payment sector and made supportive statements for crypto currencies. Yesterday, Bowman Tokinization, crypto- He made his speech titled “embracing innovation”, which he deals with the revolutionary transformation of regulations and payment systems.
Bowman, who underlined the transformation by saying that I could not imagine our future today, expressed his satisfaction.
“Payment system is going through a period in which the latest developments in computer power, data processing and distributed networks trigger the growth of innovative new payment services, and I call it a“ technology -oriented revolution ..
This includes stablecoin and other digital assets with instant payments, user -friendly digital wallets and mobile payment applications. In addition to these new services, there are technologies such as artificial intelligence (AI) that can increase the sensitivity and efficiency of basic payment products.
Although there is sometimes exaggerated expectations about the possibilities of these new technologies, there are also those who are worried or skeptical of innovations in this field. However, when we examine the evolution of payment systems, we can see that this is a story of technological progress for a long time. ”
The Waller, who devoted a separate section to the stablecoins, touched on the advantages here.
“Stablecoin As the market matures, companies realized that stablecoins using distributed book technology may be attractive for other usage areas such as accessibility, rapid transferability and free movement. This also includes the opportunity to access and keep dollars, especially in countries where inflation is high or there is no easy or affordable access to dollar cash or banking services. In fact, I believe that stablecoins have the potential to maintain and expand the international role of the dollar. Stablecoins also have the potential to improve retail and cross -border payments.
I talked about the stablecoin market that matured in February of this year, and then I mentioned that there is a need for a regulatory regime for stablecoins in the USA to provide regulatory clarity for market participants and reduce regulatory disintegration. Months later, the Genius law was the first major law on crypto beings. This was an important step for the payment stablecoin market and can help stablecoins reach full potential. ”
Fed Operation 2.0
Probably, Trump will continue at this speed and after leaving the post, the Fed operation will be thrown for the Fed operation for these days. PowellTrump could not get what he wanted last month with the threat of trial, and interest rates did not fall. However, because Kugler resigned, Miran increased the probability of interest reduction instead.
But the number of votes could not be reached. In other words, a Fed member has to resign and instead Trump should assign someone to do his own. This is exactly why the US Federal Housing Finance Agency (FHFA) Director Pulte just said:
“We are examining some of the properties that the Fed President Cook has in Massachusetts.”
Powell It is claimed that he is also alleged to have corruption and irregularity and is forced to resign. Let’s see what time will show us.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
