Jerome Powell “Troubled” by Crypto Debanking Reports
Reading Time: 2 minutesFederal Reserve Chair Jerome Powell has acknowledged concerns regarding the debanking of cryptocurrency firms He has committed to reevaluating the Federal Reserve’s supervisory practices to address these issues Powell has also expressed support for developing a regulatory framework for stablecoins Federal Reserve Chair Jerome Powell has admitted to being “troubled” by reports of crypto-supporting entities being excluded from the traditional finance system…
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