Summary
- Jerome Powell, Chairman of the Federal Reserve, stated that Bitcoin cannot be held and does not expect policy changes.
- He mentioned that the Bitcoin strategic reserve is the purview of Congress.
- Bitcoin is currently trading on Binance at a price down 4.56% from the previous day.
Jerome Powell, the Chairman of the Federal Reserve, stated at a press conference following the FOMC on the 18th (local time) in response to a question about the introduction of a Bitcoin (BTC) strategic reserve, "We cannot hold Bitcoin, and we do not expect related policies to change," adding, "That is the purview of Congress."
Meanwhile, BTC is trading at $101,420.22, down 4.56% from the previous day, as of 05:18 on the 19th in the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
