Chairman Fed Powell agrees to help end crypto
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The Jerome Powell’s Federal Reserve Chair told the American Senate that regulators should “take a fresh look” on the Cripto Debacle for Debation.
Speaking in the Banking Board Senate hearing 11. February, Powell said that it was time for agencies to re-examine the reports of the crypto companies who denied access to the American banking system.
The Leaders for the CRIPTO industry have long criticized the impact of Coke point 2.0, the term used to describe the alleged coordinated effort to discuss cryptoms. After Cripto Cres has raised concerns, large executives techniques have also been forwarded with similar statements of unfair treatment.
“We don’t intentionally do that,” Powell said, adding it “We have to work on it.” The Fed Chairman said the question of Scott Scott Senate. The Republican Senator Scott also asked whether Powell will be committed to the end of unconstitutional practice. “Yes” Powell declared during the hearing.
“I’ll dedicate myself to work with you on it … Look, I think it’s fair to take a fresh look at the sick.” Powell told shadow Scott and the Board.
Cripto Dedking has become the main theme at Capitol Hill last year, the following investigations leading coincabas and NIC Carter, a partner in the island of the island.
Carter undetected evidence related to signature and Silvergate Bank is crowning, revealing that regulators in consideration of the crypto business of banks when they bring their final decisions.
Coin sued Federal Corporation for Insurance of Deposit, Detection of “Pause Letters” issued by Financial Institutions and A tromize OCP 2.0 documents. Senator Sinthia Lummis warned FDIC staffers against destroying any documents in the middle of a two-story query.
Both congress chambers have now launched the probes in that question. MPs in the Senate and representatives held hearings of the CRIPTO last week, where even crypto-skeptical lawmakers such as Senator Elizabeth Varren called for further supervision of concerns set up digital property platforms.
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2025-02-11 21:11:00