Loading ...Fed can’t hold bitcoin, not seeking to change that, Powell says
Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts of bitcoin.
“We’re not allowed to own bitcoin,” Powell said at a press conference following the latest Federal Open Market Committee meeting
“that’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed,”