I really didn't expect it.

CN
Phyrex
Follow
22 days ago

I really didn't expect that the previous questions related to Trump were basically not answered directly, and regarding inflation, it was still the same old story, with no clear stance. However, when the last reporter asked about #BTC and cryptocurrency investments, Powell's response was very straightforward. He believes that the combination of banks and cryptocurrencies is necessary, and banks can provide services for cryptocurrency investors. He also stated that as long as there is compliant regulation, the entry of banks is not a problem.

Of course, he also mentioned that cryptocurrency is a new investment field, and BTC is a very innovative investment. The U.S. should encourage this kind of innovation, but there are still certain thresholds for banks, and he pointed out the need for policy and regulatory support.

Overall, it is positive for the cryptocurrency field. Powell feels that cryptocurrency is an innovative investment and should be encouraged.

The first hour was exhausting to listen to, but the last question was invigorating.

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