Critical Statements from FED Senior Officials – They Also Talked About Cryptocurrencies
Two senior FED officials touched on important issues, including the cryptocurrency sector, in their statement today.
In his recent statements, FED member Christopher Waller reiterated his opposition to the launch of a digital currency in the United States, pointing to the role of the private sector in financial innovation.
Waller said the Fed must manage financial stability risks while supporting technological advances. He noted the Fed's commitment to improving the efficiency and security of the payment system, and that he believes this will benefit American households, businesses and the broader economy.
Waller expressed skepticism about the necessity of a central bank digital currency (CBDC) in the US, explaining that private companies are in a better position to explore and implement new financial technologies. According to Waller, “The government will have a hard time competing with the private sector in terms of efficient resource allocation and addressing deficiencies in the payments system.” However, he noted that some systemic problems in payments cannot be completely solved by private companies alone, and that the Fed will continue to provide the basic clearing and settlement infrastructure.
Waller also touched on stablecoins, describing them as a “synthetic dollar” with potential benefits for the financial system. However, he warned of potential risks, particularly the threat of bank runs, and said strong regulation is needed to ensure stability as these assets develop.
Fed member Thomas Barkin offered a separate optimistic view of the U.S. economy. Speaking at the Baltimore Joint Summit, Barkin argued that the strength of the economy gives the Fed more flexibility in managing borrowing costs. “A strong but more selective consumer, combined with a more productive and higher-value workforce, makes for a very good economic situation,” Barkin said. He said that while interest rates have retreated from their recent peaks, they remain above historic lows, giving the Fed room to respond as economic conditions change.
Barkin outlined two possible economic scenarios: In one, as election uncertainty recedes, companies reinvest and hire more, which could allow the Fed to focus on inflation risks. Alternatively, firms could reduce hiring to counteract diminished pricing power, increasing business risks that could affect the Fed’s future decisions on rate adjustments.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoins Gear Up for Profitable Rally
Altcoin holders could be in for major gains as market sentiment turns bullish.Altcoin Holders Anticipate Major GainsWhat’s Fueling the Altcoin Rally?Time to Watch the Altcoin Market Closely

Best Cryptos to Buy Now: Why Qubetics, Cardano, and Toncoin Are Dominating 2025’s Blockchain Revolution
Explore why Qubetics, Cardano, and Toncoin are the best cryptos to buy now in 2025, with groundbreaking innovations and real-world applications.Qubetics ($TICS): Bridging Real-World Assets with BlockchainCardano (ADA): Pioneering Sustainable Blockchain SolutionsToncoin (TON): Revolutionizing Digital InteractionsUnderstanding Real World Asset TokenizationConclusion

Best Crypto to Buy Now: Final Chance to Buy Troller Cat at $0.0000072 Before 20% Jump as Notcoin and Brett Break Out
Troller Cat enters Stage 3 with 69% APY and 7,000% ROI potential while Notcoin and Brett rally.Troller Cat ($TCAT): Staking, Strategy, and Serious GainsNotcoin ($NOT): Massive Community, Real-Time MomentumBrett ($BRETT): Base Chain’s Loudest VoiceConclusion: Which Project Offers the Best Entry Point?

James Wynn’s $46.5M Hyperliquid Trading Streak
James Wynn earns $46.5M in under 2 months on Hyperliquid with high-leverage trades on BTC, PEPE, TRUMP, and more.The Rise of a Trading LegendUnrealized Profits Tell the StoryWhat Makes Wynn’s Strategy Stand Out?

Trending news
MoreCrypto prices
More








