Fed Vice Chair Jefferson just clarified something important: the central bank isn’t here to push crypto adoption or kill it off. That’s the private sector’s call.
This is actually a bigger deal than it sounds. Instead of the usual regulatory doomposting, we’re getting a “do your thing” from the nation’s monetary authority. Translation: the Fed sees crypto as a private market playground, not something they need to control or promote.
For the industry, this signals a potential shift toward a lighter regulatory touch—at least on the Fed’s end. It’s not a bullish announcement per se, but it’s definitely not bearish either. More like: the government’s finally admitting it’s not their job to decide what money you use.
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Fed's Neutral Stance on Crypto: Market Gets Green Light from Washington
Fed Vice Chair Jefferson just clarified something important: the central bank isn’t here to push crypto adoption or kill it off. That’s the private sector’s call.
This is actually a bigger deal than it sounds. Instead of the usual regulatory doomposting, we’re getting a “do your thing” from the nation’s monetary authority. Translation: the Fed sees crypto as a private market playground, not something they need to control or promote.
For the industry, this signals a potential shift toward a lighter regulatory touch—at least on the Fed’s end. It’s not a bullish announcement per se, but it’s definitely not bearish either. More like: the government’s finally admitting it’s not their job to decide what money you use.