Stephen Miran Appointed to Federal Reserve: Crypto Market Reacts Positively

In a surprising move, U.S. President Donald Trump has appointed economist Stephen Miran to a temporary role at the Federal Reserve, sparking excitement within the crypto community. Miran’s pro-crypto stance and belief in deregulation could impact financial regulations in the U.S., potentially benefiting digital assets like Bitcoin and Ethereum. His appointment for the Fed’s Board of Governors is considered a positive signal for the crypto industry as it signifies a potential shift towards a more favorable regulatory environment for cryptocurrency.