>While Miran has not been directly involved in cryptocurrency regulation, his alignment with broader deregulatory philosophies and fiscal conservatism is viewed as positive by those hoping for a more permissive stance from federal regulators. The nomination is also being read as a sign of Trump’s intent to more actively reshape U.S. monetary policy institutions if reelected.
interesting times ahead!
MichaelAischmann on
Pro-Trump was probably more decisive than Pro-Crypto in this nomination.
coinfeeds-bot on
tldr; Bitcoin surged over 2%, briefly crossing $117,500, following the nomination of Stephen Miran, a pro-crypto economist, to the Federal Reserve Board of Governors by former President Donald Trump. Miran, known for his deregulatory stance and support for financial innovation, is expected to influence U.S. monetary policy and crypto regulation positively. The crypto market reacted with gains across Bitcoin, Ethereum, and altcoins, though concerns about the politicization of the Federal Reserve were raised by some economists.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Paddy_Powers on
‚Surged‘ and ‚2%‘ are not terms I’d usually use together.
Piffdolla1337take2 on
Crypto is so fucked it’s whole appeal was being outside the system and now it’s mainstream. It’s gonna rug so hard
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>While Miran has not been directly involved in cryptocurrency regulation, his alignment with broader deregulatory philosophies and fiscal conservatism is viewed as positive by those hoping for a more permissive stance from federal regulators. The nomination is also being read as a sign of Trump’s intent to more actively reshape U.S. monetary policy institutions if reelected.
interesting times ahead!
Pro-Trump was probably more decisive than Pro-Crypto in this nomination.
tldr; Bitcoin surged over 2%, briefly crossing $117,500, following the nomination of Stephen Miran, a pro-crypto economist, to the Federal Reserve Board of Governors by former President Donald Trump. Miran, known for his deregulatory stance and support for financial innovation, is expected to influence U.S. monetary policy and crypto regulation positively. The crypto market reacted with gains across Bitcoin, Ethereum, and altcoins, though concerns about the politicization of the Federal Reserve were raised by some economists.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
‚Surged‘ and ‚2%‘ are not terms I’d usually use together.
Crypto is so fucked it’s whole appeal was being outside the system and now it’s mainstream. It’s gonna rug so hard