#PowellRemarks US Federal Reserve Chairman Jerome Powell said that cryptocurrencies are becoming more commonplace due to the changing regulatory climate.

He noted that Congress (як Senate, as well as the House of представників), are working to create a legal framework for stablecoins.
"Depending on what's in it, it's a good idea. We need it. At the moment, there is none," he said.
He also stated that stablecoins could be "quite broadly demanded."
According to U.Today, Powell has previously expressed the opinion that Bitcoin could act as a digital version of gold.