It’s not only from the SEC that good news has arrived for Bitcoin and cryptocurrencies: now it’s the turn of the Fed.
In fact, it has been learned that Michael S. Barr, the vice president for supervision of the Board of the Federal Reserve, will resign.
NEW: The @federalreserve Board has announced the resignation of Michael Barr as the vice chair for supervision. Barr will remain on the board of governors.
A Warren acolyte, Barr was widely considered to be a big part of the reason why banks have been unable to engage with…
— Eleanor Terrett (@EleanorTerrett) January 6, 2025
The good news is that Barr is considered one of the main obstacles for the banks that wanted to custody or use crypto.
The resignation of Barr from the Fed: Bitcoin reacts well
Michael Barr has been vice president for supervision at the Fed since June 2022. He was appointed during the administration of Democratic President Biden and has always been an ally of Democrat Elizabeth Warren, who
We współpracy z: https://en.cryptonomist.ch/2025/01/07/good-news-for-bitcoin-also-from-the-fed/
