Crypto-Skeptical Fed Regulator Steps Down, Signals a Good Time to Join Best Wallet

Quick Summary:

Yesterday, Michael Barr boldly announced he’s stepping down as the Federal Reserve’s Vice Chair for Supervision over concerns of a potential dispute over the role.  Many crypto enthusiasts have applauded the resignation of the second-highest-ranking Fed regulator in expectation of more relaxed digital asset regulations.

Further suggesting more crypto market optimism is the Binance Research December 2024 report.

According to an official announcement, Barr will effectively resign from being Federal Reserve Board Vice Chair for Supervision on February 28.

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Article Details

Author / Journalist: Leah Waters

Category: Crypto

Markets: Hungary

Topics: Crypto News Best Wallet

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 13:55:08 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 631 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24960613

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