cooldowntradewar

Federal Reserve Governor Christopher Waller has highlighted that the initial surge of enthusiasm in the cryptocurrency market following President Trump's election has diminished. The current crypto sell-off is mainly attributed to traditional financial institutions (TradFi) starting to participate in the crypto ecosystem, prompting them to recalibrate and reduce their risk exposure. Waller also identified regulatory uncertainty as a key factor dampening investor sentiment, citing Congressional delays in passing crypto market structure legislation. Furthermore, the Fed announced plans to introduce a "payment accounts" system to provide fintech and crypto firms limited access to the central bank's payment infrastructure, aiming to improve fintech integration without the risks tied to traditional master accounts.$BTC #Cooldowntradewar