The White House announced that President Donald Trump is preparing to nominate a new member of the Federal Reserve's board of governors. According to Bloomberg, Trump is considering Stephen Miran, known for his pro-cryptocurrency views, for the critical position.
Trump previously appointed Miran to chair the Council of Economic Advisers, a key institution that directly advises the President on domestic and foreign economic policy. Miran's new appointment is seen as a strong signal that a second Trump term will see cryptocurrency technologies more integrated into economic policies.
In his past statements, Miran has highlighted the potential of digital assets in the economy. In his assessment of the matter, he said:
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