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21 sats \ 0 replies \ @OgFOMK 8h \ on: Powell says Fed cannot hold bitcoin, not seeking to change that news
"We're not allowed to own bitcoin," Powell said at a press conference following the Fed's latest two-day policy meeting, in which policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead.
The Federal Reserve has over 129 documents that mention Bitcoin. So while they are not allowed to own bitcoin they still have access to bitcoin and are testing it. Or they are using someone else's bitcoin. Regardless it's always good to see the language of the press releases.
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