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Urgent🛑 US FED Attacks CRYPTO?? Bitcoin Soon Crash – Crypto News Today – Crypto News

Urgent🛑 US FED Attacks CRYPTO?? Bitcoin Soon Crash – Crypto News Today

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URGENT🛑 US FED Attacks CRYPTO?? Is Bitcoin Soon Crash?? – Crypto News Today

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In this i explained the US Fed Crash Crypto and bitcoin. And Bitcoin next move ans bitcoin technical analysis in tamil.

Fed Chairman Crypto News:-
have “nothing against bitcoin, nothing against, you know, private currencies,” Powell said in June at The Economic Club of New York, according to a CNBC news report. They are “associated with money laundering and those sorts of issues, but we're not broadly opposed or supportive of alternative currencies. I think from a Fed standpoint, I would say I am very cautious of the idea of a Fed digital currency.”

While JPMorgan Chase CEO Jamie Dimon called bitcoin a “fraud,” he also recently admitted that he would be more comfortable with a government-backed digital currency. In addition, the Bank for International Settlements said in a September report that central banks may one day need to issue their own cryptocurrencies.

But Powell has already spoken about several challenges for widespread adoption of distributed ledger technologies, especially for central banks to issue digital currencies.

The key diff
“Powell has warned that any shift towards digital currency would raise serious issues regarding security against cyberattacks and combating illegal activity,” said Benn Steil, senior fellow and director of international economics at the Council on Foreign Relations. “Policy on digital currency broadly, however, will remain largely with the Treasury.
Fed chairman 2018:-
The head of the Federal Reserve raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investirs. relatively unsophisticated investors see the asset go up in price, and they think: ‘This is great; I'll buy this.' In fact, there is no promise of that.”
Fed Chairman Crypto 2020:-
Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for private alternatives such as cryptocurrencies and stablecoins.

Asked during a congressional hearing if having a digital currency issued by the Fed would be a more viable alternative than having multiple cryptocurrencies or stablecoins emerge in the payments system, Powell said he agreed. A stablecoin is a cryptocurrency that attempts to peg its value to a conventional currency such as the U.S. dollar.

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இந்தியா கிரிப்டோவை விரும்புகிறது. भारत चाहता है क्रिप्टो
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ਭਾਰਤ ਚਾਹੁੰਦਾ ਹੈ crypto
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ભારત ક્રિપ્ટો માંગે છે
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بھارت چاہتا ہے کرپٹو
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