Trump's candidate for the Fed Chair supports cryptocurrencies. Warsh's Position
Speaking before senators, Kevin Warsh stated that digital assets have firmly embedded themselves in American finance.
Digital assets are already established in the U.S. financial industry, said Federal Reserve Chair candidate Kevin Warsh, as reported by The Block. During the hearings for his nomination in the Senate Banking Committee, Warsh discussed how the Fed would approach cryptocurrencies if he becomes the chair.
When asked if he believes that digital assets should be integrated into the country's financial system, Warsh replied that they have "already become an integral part of the financial services industry in the U.S."
Warsh is a candidate nominated by U.S. President Donald Trump. He previously served on the Board of Governors of the Federal Reserve from 2006 to 2011 and worked as a banker at Morgan Stanley before that. Warsh has previously expressed views on cryptocurrencies and referred to Bitcoin as a "stable store of value, similar to gold."
$BTC $ETH #news #crypto
Speaking before senators, Kevin Warsh stated that digital assets have firmly embedded themselves in American finance.
Digital assets are already established in the U.S. financial industry, said Federal Reserve Chair candidate Kevin Warsh, as reported by The Block. During the hearings for his nomination in the Senate Banking Committee, Warsh discussed how the Fed would approach cryptocurrencies if he becomes the chair.
When asked if he believes that digital assets should be integrated into the country's financial system, Warsh replied that they have "already become an integral part of the financial services industry in the U.S."
Warsh is a candidate nominated by U.S. President Donald Trump. He previously served on the Board of Governors of the Federal Reserve from 2006 to 2011 and worked as a banker at Morgan Stanley before that. Warsh has previously expressed views on cryptocurrencies and referred to Bitcoin as a "stable store of value, similar to gold."
$BTC $ETH #news #crypto