In a world where regulatory uncertainty has long launched a shadow on the adoption of cryptography, a simple statement of the President of the United States Federal Reserve, Jerome Powell, the game may have changed. In a recent publication about X (previously Twitter), Powell declared, “Banks are free of cryptographic activities.”
This bold statement has sent waves through traditional financial circles and digital asset space. Could this be the spark that triggers Crypto Bull’s next race? Let’s explore what Powell’s comment could mean for banks, cryptographic projects and investors worldwide.
Do banks finally get the green light?
Powell’s comment is seen by many as a green light for banks to seriously consider to enter the cryptographic economy. For years, regulatory gray areas and unclear guidelines have maintained the main financial institutions.
Now, with this public support, banks can feel trained for:
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Offer cryptographic custody services
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Facilitate cryptographic payments
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Explore the tokenization of traditional assets
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Encryption trade platform support
The moment could not be more critical. As the digital economy accelerates, banks that ignore the risk of cryptography to fall behind.
Cryptographic projects that could benefit more
Powell’s statement indirectly shines in certain cryptographic projects that have long positioned themselves as friends with the bank and ready for integration into the traditional financial system.
Ripple (XRP): known for its focus on cross -border payments, Ripple has already established associations with numerous financial institutions worldwide. Greater acceptance of cryptography by banks could boost the usefulness and adoption of Ripple.
Stellar (XLM): Built to close traditional finances and digital economy, Stellar has worked with payment providers and central banks to create paymentless payment solutions.
Algorand, Hedera and other bankchains centered on the bank: these platforms have emphasized compliance, scalability and associations with the business and governmental sectors.
Could this really cause Toro’s next race?
While Powell’s statement is significant, a single comment does not guarantee an upward market. However, if the main banks begin to offer cryptographic services and support blockchain -based innovations, the impact on market demand and confidence could be enormous.
🚨 Jerome Powell: “Banks are free of cryptographic activities.”
What cryptography was built for both banks and the new digital economy long before it was great?
Suggestion: You are already working with Central Banks 👀😏 pic.twitter.com/undroobh0f
– Stellar Rippler🚀 (@stellarnews007) June 24, 2025
The institutional money that flows to cryptographic markets through banks could provide fuel for a sustained manifestation. In addition, Powell’s opening can inspire other regulators to do the same, creating a more cozy environment for digital assets.
The biggest image: CBDC and the future of finance
Powell’s statement is also aligned with the global trend towards the digital currencies of the Central Bank (CBDC). Banks now have more space to explore how they can integrate private blockchain solutions along with digital money backed by the government.
As this ecosystem evolves, we could see collaborations between public institutions and cryptographic projects to feed the next generation of financial infrastructure.
Conclusion
The simple but powerful statement of Jerome Powell can mark the beginning of a new chapter in the cryptographic banking relationships. With the door now apparently open, the world will be observing to see if the banks take this opportunity, and if this is the time that establishes the next race of Crypto Bull.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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