Powell on Bitcoin (BTC) Strategic Reserve Question: “BTC, Cannot Own”


Jerome Powell, the Chairman of the Federal Reserve, stated at a press conference following the FOMC on the 18th (local time) in response to a question about the introduction of a Bitcoin (BTC) strategic reserve, “We cannot hold Bitcoin, and we do not expect related policies to change,” adding, “That is the purview of Congress.”

Meanwhile, BTC is trading at $101,420.22, down 4.56% from the previous day, as of 05:18 on the 19th in the Binance Tether (USDT) market.





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