Is the Bitcoin narrative changing in Washington?

Is the Bitcoin narrative changing in Washington?

On May 9, the board of directors at the Federal Reserve held its quarterly meeting with the Federal Advisory Council to discuss pressing matters within the Fed’s jurisdiction. Among the issues discussed was Bitcoin, and from the minutes of that meeting, it sounds as though some relatively progressive ideas about crypto-currencies are taking hold in the Fed. In fact, the minutes even note that Bitcoin could be “a boon” to the economy. These sentiments, however, are not novel, even in Washington. The Bitcoin Senate hearings last November touched on the currency’s importance as a financial....


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