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Crypto News

Bitcoin on the FBI radar? The journalist notes the increasing acceptance

Historically from encrypted currencies, the American Federal Reserve can start showing early signs to become more accepted for Bitcoin and digital assets.

The latest notes from the main federal reserve officials indicate a change in the tone that indicates more openness The situation regarding encryption Including, the Fox Eleanor Territ author claims.

Conservatives recognize the Federal Reserve Bank of the increasing part of the encryption

Teret highlighted the comments presented at the Executive Conference of Wissonsin Banks Bank on February 7 by Federal Reserve Conservatives Michel Buman and Crystone Wal.

Both officials talk about the increasing importance of digital assets, a clear difference from the cautious situation usually for the central bank.

Wal, which was previously doubted Cross currenciesI noticed its increasing importance in the financial sector. Buman reflected similar ideas, which implicitly means that financial institutions must prepare to develop Blockchain technology.

Although it does not completely support Bitcoin, their alamity to participate in the dialogue indicates a change from the previous classes of encrypted currencies.

The journalist notes the development of possible policy

Territt pointed out that although these notes do not fully prove in politics, it shows the growing federal reserve awareness of the effect of encrypted currencies.

The US Central Bank has long been financial stability; Fears of digital assets that disturb the economy have cautiously resulted in a cautious legislative response.

But as Build Bitcoin RISES – Everything between institutional investors as well as retail – the Federal Reserve may change its position. The fact that the major authorities are now talking frankly about the assets category means that the central banking departments give Bitcoin more importance.

BTC is now trading at 96,891 dollars. table: Tradingvief

Political influence and Trump’s friendly position on encryption

Teret also talked about how current events in politics affect this shift in opinion. US President Donald Trump America has publicly supported a friendly encryption by announcing the policies that encourage innovation in this industry.

However, the Federal Reserve did not say what the laws will change about bitcoin or financial tools that use encryption. The shift from feelings remains instead of working – now.

What is the following for Bitcoin and Fed?

Terit’s analysis indicates that the encryption is no longer ignored at the highest levels of fiscal policy, even when it is Federal Reserve It does not rush to embrace Bitcoin. If the digital assets maintain its increasing direction, the Federal Reserve may have a little option except for control.

Currently, Bitcoin lovers can consider this small but important progress. Although it is not yet known whether it leads to specific legislative changes, the increasing presence of Crypto in economic discussions is indisputable.

Distinctive image from Dall-E, the tradingView graph

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