The Senate has confirmed Bitcoin-friendly former Fed governor Kevin Warsh as Federal Reserve chair, setting the stage for a potential shift in U.S. monetary policy just one day before lawmakers vote on the crypto market structure Clarity Act.
President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, cleared a key Senate hurdle Tuesday, putting a bitcoin-friendly former Fed governor one vote away from becoming the most powerful central banker in the world.
Bitcoin rose to around $76,000 as whales accumulated 45,000 BTC and institutional inflows surged, while U.S. officials including Kevin Warsh and Admiral Paparo signaled growing acceptance of Bitcoin in finance and national security.
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