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The new Chairman of the Federal Reserve (The Fed), Kevin Warsh, was revealed to hold a large amount of crypto assets in his financial asset report. This is in stark contrast to his predecessor, Jerome Powell, who was not pro-digital assets.
This report depicts Warsh as the first senior central bank official in history to own crypto assets. This means Kevin is pro-digital asset markets.
It is known that he owns Solana (SOL), Polymarket, dYdX (DYDX), Optimism (OP), Compound (COMP), Lightning Network, Dapper Labs, Polychain, and Crossmint, according to RootData.
However, his disclosure report does not specify the amount invested in these crypto projects and artificial intelligence (AI).
On the other hand, government officials' crypto holdings are considered risky as they may invite conflicts of interest. This concern has been voiced mainly by the opposition party in the US, the Democratic Party.
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).
$BTC $ETH $SOL #Gate13thAnniversaryLive
@Polymarket has rolled out a major update this week: now, prediction markets will enter the settlement process immediately 5 minutes after expiration, significantly reducing manipulation—this is a major advancement for prediction markets
#polymarket