The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve Officials Prohibited From Investing in Cryptocurrency The Federal Open Market Committee […]

According to a press release, the U.S. Federal Reserve’s senior officials will be unable to trade crypto, purchase individual stocks, hold an investment in individual bonds, commodities, and even foreign currencies. The FED’s Federal Open Market Committee made the announcement today and claimed the rules had been adopted with a unanimous vote. Earlier, many high-ranking officials […]