As we announced on Sunday, the Fed payments and innovation The conference on the subject was today. Waller said important things. In fact, it was already expected that he would say supportive things about cryptocurrencies. When payment infrastructure and innovation come together, the third one is cryptocurrencies. So what happened?
Fed and Cryptocurrencies
After thanking attendees for the first Payment Innovation Conference Fed member Waller He talked about his purpose in this event. Miran, Waller and Bowman are members who have a much more moderate approach to cryptocurrencies, and their closeness to Trump and their adoption of his policies on this issue were also effective here. Waller said at the beginning of his speech;
“My goal in organizing this conference is twofold. First, I wanted to organize a conference that focused on new technologies coming from the defi and crypto world and how they are entering the mainstream payments ecosystem. My goal was to create a lively discussion on payments between the existing players of the traditional payments industry and new players coming from the defi world. Second, I wanted to say that a new era in payments has begun for the Federal Reserve, that the defi industry has no doubts or doubts.” I wanted to point out that it was not met with disdain. “On the contrary, today we invite you to a conversation about the future of payments in the United States and on our home turf in a way that was unimaginable just a few years ago.”
This was a great opportunity to see what cryptocurrency hatred has evolved into during the Biden era. cryptocurrencies Underlining that he is not in a marginal position, Waller said;
“Today’s conference will focus on private sector-driven innovation. We have brought together 100 private sector innovators who are leveraging cutting-edge technology to create new possibilities in the payments space. Our panelists are exploring integrating traditional financial payment systems with distributed ledgers, developing new products and services in the digital asset ecosystem, and leveraging artificial intelligence in the payments space.”
Companies engaged in these activities include banks, asset managers, retail payment firms, technology companies and cryptocurrency-focused fintech companies. “This shows that distributed ledgers and cryptoassets are no longer marginal, but are increasingly integrated into the fabric of payment and financial systems.”
New Era for Cryptocurrencies
GENIUS with stablecoins became legitimized. Infrastructure work for tokenization continues. The SEC is waiting for the shutdown to end for comprehensive cryptocurrency regulations. Trump recognizes the potential for innovation in cryptocurrency and expects to sign all cryptocurrency laws before the 2026 midterm elections, with a majority in both houses.
All this to us cryptocurrencies He says that it will grow further globally with the open support of the USA. The future of cryptocurrencies is bright, and short-term fluctuations in the charts do not stop trillion-dollar companies from becoming interested in crypto. At the time of writing, BTC returned to $ 112,000 and a surprise rise started with the conference.
