Fed Chairman Powell: The Fed does not have and does not seek legal authority to buy Bitcoin

2025-06-24 23:59:18

Federal Reserve Chairman Powell: The Federal Reserve does not have and does not seek the legal right to purchase Bitcoin.

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Weekly Highlights

                                    At the opening of the US stock market, the Dow Jones Industrial Average opened nearly flat, the S&P 500 rose 0.2%, and the Nasdaq rose 0.52%. FedEx (FDX.N) fell more than 5%, and its quarterly profit guidance was lower than expected. Tesla (TSLA.O) rose 0.42%, and its sales in Europe fell sharply for five consecutive months. The Nasdaq China Golden Dragon Index rose 0.38%.
                            2025-06-25

                                    The first plenary meeting of the National Data Expert Advisory Committee in 2025 was held in Beijing
                            2025-06-27

                                    Liu Liehong, Director of the National Bureau of Statistics, went to Shaanxi to investigate the development and utilization of data resources
                            2025-06-27

                                    IDC: Alibaba Cloud will have the largest share of China's AI IaaS market in 2024, exceeding the combined share of the second and third place
                            2025-07-01

                                    Revision and release of national standards on consumer product safety risk management
                            2025-06-26