Why the Next Fed Chair Matters for the Crypto Industry

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Citing TechFlow, the nomination of the next U.S. Federal Reserve Chair is entering its final stage, with Kevin Hassett emerging as a leading candidate. As a key Trump economic advisor and a known crypto supporter, Hassett's potential appointment could significantly impact the industry. His monetary policy stance, particularly on interest rates, may influence liquidity and risk asset prices, including Bitcoin. Additionally, under the upcoming GENIUS Act, the Fed will play a central role in regulating stablecoins, shaping their interaction with traditional finance and U.S. Treasury markets. Hassett, who has held Coinbase shares and served on its advisory board, has previously advocated for regulatory frameworks that support innovation in digital assets.

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