Fed Chair Powell Says Bitcoin Has 'Staying Power' as an Asset Class

Fed Chair Powell Says Bitcoin Has 'Staying Power' as an Asset Class

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Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank should play a “robust federal role” in overseeing stablecoins, a sizable slice of the overall crypto market that legislators are trying to craft rules for. Powell also remarked that cryptocurrencies, like Bitcoin,…

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