FOX reporter: The Federal Reserve's stance on crypto is undergoing positive changes

Odaily Planet Daily News: FOX Business reporter Eleanor Terrett stated in an article on X that "the Fed's narrative about crypto is changing. In two speeches last Friday, Republican Fed governors Michelle Bowman and Christopher Waller both expressed a more open attitude towards digital assets and their future in the financial system. Their remarks are noteworthy because: 1) Trump may choose one of them to replace Michael Barr as the next Vice Chairman of Regulatory Affairs (responsible for overseeing regulation and the interaction between the Federal Reserve and banks and cryptocurrencies); 2) They represent a shift in tone and attitude, as they previously voted in favor of policies that make it harder for banks to participate in cryptocurrency. The two also voted against the application of the custodian bank to become a member of the Federal Reserve