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.
President Donald Trump announced pro-bitcoin Kevin Warsh as his nominee to serve as chairman of the Federal Reserve, confirming speculation from prediction markets.
President Trump said at the World Economic Forum in Davos that he wants to sign sweeping U.S. cryptocurrency market structure legislation very soon, framing digital assets as a strategic priority for American innovation.
A U.S. official denied reports that the bitcoin forfeited by Samourai Wallet developers was sold and said it will remain on the government’s balance sheet in compliance with President Trump’s executive order.