Trump appoints crypto supporter Stephen Miran for the Federal Reserve Board, while Bitcoin exceeds the $ 117,000 mark
Trump appoints crypto supporter Stephen Miran for the Federal Reserve Board, while Bitcoin exceeds the $ 117,000 mark
Stephen Miran: A new step in the crypto world with the nomination by President Trump
President Trump nominated Stephen Miran as the new candidate for the Federal Reserve Board. With his pro-crypto posture, Miran competes at a time when Bitcoin has a remarkable increase and exceeds the $ 117,000 mark.
Miran's nomination is of great importance because it reflects the growing recognition and integration of cryptocurrencies in the traditional financial system. Miran's expertise in the field of digital currencies could be crucial to promote dialogue about regulation and future developments in the crypto sector.
By filling this key position, the US government has the opportunity to have a positive impact on the crypto industry and at the same time maintain national economic interests. The development around Bitcoin and other cryptocurrencies gained globally in dynamics, and the nomination of a crypto advocate could be interpreted as a signal for an increasingly open attitude of the financial supervisory authorities.
Miran is now subjected to the Senate Confirmation Hearings, in which its views on crypto regulation and the challenges that the market faces are illuminated. Since Bitcoin continues to gain popularity and value, Mirans nomination is an important step towards a possible modernization of monetary policy, which meets the needs of a digitized economy.
The coming months will show how Miran's position within the Federal Reserve will affect the crypto landscape. It remains to be seen whether he receives the necessary votes in the Senate and how his possible confirmation could influence the future of cryptocurrencies in the United States.
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