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🚨Breaking Interpretation: US Treasury Secretary Urgently Draws the Line! Has the Fantasy of Bitcoin 'Rescue' Completely Shattered?
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Just received heavy news! On February 8, US Treasury Secretary Yellen made a strong statement during a congressional hearing 🔥
She clearly pointed out: The Treasury has no authority to rescue Bitcoin❗️ The Financial Stability Oversight Council (FSOC) also has no authority to require banks to purchase Bitcoin as reserve assets❗️ More importantly——American taxpayers' money will definitely not be invested in the crypto market💸
📌 Key Points Overview:
1️⃣ Policy red line has been drawn: Government agencies are completely decoupled from Bitcoin 'rescue'
2️⃣ Clarification on the source of held BTC: The Bitcoin currently held by the US government is all law enforcement seized assets, completely separate from financial funds
3️⃣ Regulatory attitude is clear: There will be no use of national funds to support cryptocurrencies
🤔 What signal does this send?
▫️ Does it mean the 'firewall' between traditional finance and crypto assets is being reinforced?
▫️ Has the channel for banks to directly hold Bitcoin on a large scale been temporarily closed?
▫️ Is this a cold water warning for the market's excessive expectations of 'policy support'?
💎 Key Consideration:
How will the Bitcoin currently held by the US government be handled? What channels will law enforcement's continuously seized crypto assets enter the market in the future? What potential impacts will this have on institutional investors' allocation strategies?
⚠️ Note: This does not deny the value of the crypto market, but clarifies the boundaries of policy funds. The market's own vitality may be what truly deserves attention!
👉 Do you think this will be the long-term policy tone? What impact will it have on the subsequent market direction?
Feel free to share your in-depth insights in the comments! 🔥👇
