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Senior Fed Officials Are Prohibited From Investing in Cryptocurrencies

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 (FOMC) announced Friday that it has “unanimously formally adopted comprehensive new rules for the investment and trading activity of senior officials.”

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