US Leaders Split on Bitcoin: Fed Rejects Reserves, Lummis Calls for Strategy

Federal Reserve Chair Jerome Powell has reaffirmed that the central bank cannot own Bitcoin. However, Senator Cynthia Lummis proposes a plan to enable the Federal Reserve to hold the cryptocurrency. During a press briefing following the year’s final Federal Open Market Committee (FOMC) meeting, Powell reiterated that the central bank is neither authorized nor inclined to hold Bitcoin as part... source: https://news.shib.io/2024/12/20/us-leaders-split-on-bitcoin-fed-rejects-reserves-lummis-calls-for-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=us-leaders-split-on-bitcoin-fed-rejects-reserves-lummis-calls-for-strategy