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The new Chairman of the Federal Reserve (The Fed), Kevin Warsh, was revealed to hold a large number 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. It 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 crypto projects and artificial intelligence (AI).
On the other hand, government officials' crypto holdings are considered risky as they could lead to conflicts of interest. This concern has been voiced mainly by the US opposition, the Democratic Party.
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).
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