Federal Reserve Board Nominees Bring Blank Slate on Crypto Views

Posted on by American Coins & Gold

Federal Reserve Board Nominees Bring Blank Slate on Crypto Views
The U.S. Senate Banking Committee hearing of President Joe Biden’s three nominees to the Federal Reserve Board might carry limited significance for the future of crypto.None of the three candidates – Sarah Bloom Raskin, Lisa Cook or Philipp Jefferson – has expressed strong opinions about cryptocurrencies, based on a search of web articles.Plus, the Fed’s leadership isn’t changing, and the additions to the U.S. central bank’s governing panel may not have much sway in determining the course of crypto regulations, said Robert Baldwin, director of policy at the Association for Digital Market Assets.“Fed Chair (Jerome) Powell and Governor (Lael) Brainard…