{"id":12609,"date":"2025-02-12T07:01:54","date_gmt":"2025-02-12T07:01:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12609"},"modified":"2025-02-12T07:01:54","modified_gmt":"2025-02-12T07:01:54","slug":"bitcoin-on-the-feds-radar-journalist-notes-growing-acceptance","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12609","title":{"rendered":"Bitcoin On The Fed\u2019s Radar? Journalist Notes Growing Acceptance"},"content":{"rendered":"
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Historically dubious of cryptocurrencies, the US Federal Reserve could be starting to show early signs of becoming more receptive to Bitcoin and digital assets.<\/p>\n

Recent remarks from key Fed officials point to a change in tone that would indicate a more open attitude regarding crypto<\/a> inclusion, claims FOX Business writer Eleanor Terrett.<\/p>\n

Fed Governors Recognize Growing Part Played By Crypto<\/strong><\/h2>\n

Terrett highlighted comments given at the Wisconsin Bankers Association Bank Executive Conference on February 7 by Federal Reserve<\/a> Governors Michelle Bowman and Christopher Waller.<\/p>\n

Both officials talked about the increasing importance of digital assets, a clear divergence from the usually wary attitude of the central bank.<\/p>\n

Waller, who has previously been skeptical of cryptocurrencies<\/a>, noted their growing importance in the financial sector. Bowman reflected similar ideas, implying that financial institutions ought to get ready for blockchain technology to develop.<\/p>\n

Although neither totally supports Bitcoin, their eagerness to participate in the dialogue signals a change from earlier dismissals of cryptocurrencies.<\/p>\n

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\"\ud83d\udea8\"NEW: The narrative around #crypto<\/a> is changing at the @federalreserve<\/a>. In a pair of speeches on Friday, Republican Fed Governors Michelle Bowman and Christopher Waller both signaled a more open stance toward digital assets and their future in the financial system.<\/p>\n

Their words\u2026<\/p>\n

\u2014 Eleanor Terrett (@EleanorTerrett) February 11, 2025<\/a><\/p>\n<\/blockquote>\n

Journalist Notes Potential Policy Development<\/strong><\/h2>\n

Terrett pointed out that although these remarks don\u2019t prove a complete policy change, they show the Fed\u2019s growing consciousness of the influence of cryptocurrencies.<\/p>\n

Long given top priority by the US central bank is financial stability; worries about digital assets upsetting the economy have resulted in a cautious legislative response.<\/p>\n

But as Bitcoin adoption<\/a> rises\u2014among institutional as well as retail investors\u2014the Fed might be changing its posture. The fact that top authorities are now candidly talking about the asset class implies that central banking circles are giving bitcoin more importance.<\/p>\n


\nPolitical Influence And Trump\u2019s Crypto-Friendly Stance<\/strong><\/p>\n

Terrett also talked about how current events in politics might be affecting this shift in opinion. US President Donald Trump<\/a> has openly backed an America that is friendly to crypto by announcing policies that encourage innovation in the industry.<\/p>\n

Still, the Fed hasn\u2019t said what laws will change about Bitcoin or financial instruments that use cryptography. The shift remains one of sentiment rather than action\u2014for now.<\/p>\n

What\u2019s Next For Bitcoin And The Fed?<\/strong><\/p>\n

Terrett\u2019s analysis indicates that crypto is no longer being overlooked at the highest echelons of financial policy, even when the Federal Reserve<\/a> isn\u2019t rushing to embrace Bitcoin. Should digital assets keep their increasing trend, the Fed might have little option except to adjust.<\/p>\n

Right now, fans of Bitcoin can consider this as a small yet significant advancement. Though it\u2019s yet unknown whether it results in specific legislative changes, crypto\u2019s increasing presence in economic discussions is indisputable.<\/p>\n

Featured image from DALL-E, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Historically dubious of cryptocurrencies, the US Federal Reserve could be starting to show early signs of becoming more receptive to Bitcoin and digital assets. Recent remarks from key Fed officials point to a change in tone that would indicate a more open attitude regarding crypto inclusion, claims FOX Business writer Eleanor Terrett. Fed Governors Recognize […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12609","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12609"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12609\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}