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Should Federal Reserve Hold Bitcoin

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During a February 16 webinar on “crypto” hosted by the Hatch Center, the policy arm of national think tank the Orrin G. Hatch Foundation, Hatch Foundation Executive Director Matt Sandgren was joined by U.S. Senator Cynthia Lummis, former Federal Reserve Vice Chair Randal Quarles and Bitstamp CEO Robert Zagotta.

The focus of the conversation was on ensuring that regulations coming out of D.C. wouldn’t hamper the cryptocurrency economy and the innovation happening around Bitcoin.

While there may have been mentioning of “crypto,” a word that is met with some significant pain in the broader Bitcoin community for its implied grouping of BTC with altcoins, the discussion very largely remained centered around Bitcoin itself. Discussion took a very bold (and arguably bullish) direction around the 29-minute mark, when Sandgren posed a question to Lummis.





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