Powell just dropped a statement that's getting attention across crypto circles. His take? Banks have the full capability to service crypto customers without issues. This marks a notable shift in tone from traditional financial regulators. The banking sector's relationship with digital assets has been contentious for years, with many institutions hesitant to engage. But this signal from the Fed chair suggests the regulatory environment might be warming up. Could this pave the way for broader institutional adoption? The implications for both traditional finance and crypto infrastructure are worth watching closely.
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FortuneTeller42
· 1h ago
Powell's words must be taken seriously. If the Fed hadn't eased up, the banks would have already run away.
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ContractTearjerker
· 9h ago
Whoa, is Powell really about to loosen up this time? Banks finally dare to approach us with legal backing
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DEXRobinHood
· 12-11 11:59
Is what Powell said true? It feels like a trick.
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WhaleSurfer
· 12-11 11:52
Hey, did Powell really shift course this time? Banks can directly get involved in crypto now, this signal is a bit significant.
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MintMaster
· 12-11 11:46
Powell's recent statement is really impressive. Can banks directly serve crypto clients? This change in attitude is quite bold...
Feels like the traditional finance folks are finally waking up?
Wait, is this just lip service, and in practice, there are still a bunch of approvals?
Institutional bigwigs are probably secretly accumulating coins; the signal is so obvious...
Wow, those exchanges that block banks are probably about to take off.
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RiddleMaster
· 12-11 11:40
Powell is trying to reassure the banks, is it true...
But this change in attitude is a bit sudden, could it be another show?
The banks probably feel excited upon hearing this.
Powell has changed his tune? It really feels like the trend is shifting.
Wait, is he giving institutions an invitation to enter?
The crypto circle is about to get excited, but I’m still a bit unsure.
With the system being recognized, next it depends on whether each bank dares to take the plunge.
Hey, this signal is too crucial, it directly affects the subsequent trend.
Powell just dropped a statement that's getting attention across crypto circles. His take? Banks have the full capability to service crypto customers without issues. This marks a notable shift in tone from traditional financial regulators. The banking sector's relationship with digital assets has been contentious for years, with many institutions hesitant to engage. But this signal from the Fed chair suggests the regulatory environment might be warming up. Could this pave the way for broader institutional adoption? The implications for both traditional finance and crypto infrastructure are worth watching closely.