In what I see as more good news for the long term health of cryptocurrency, there was just a recent press release stating the United States Federal Reserve is creating a "Specialized team of experts on crypto" according to the Vice Chair (found on:https://dailyhodl.com/2023/03/10/u-s-federal-reserve-creating-specialized-team-of-experts-on-crypto-according-to-vice-chair/ .
Why is this good?
I think it is good because, as the article states: "crypto assets can potentially transform the financial system, the technology still requires appropriate guardrails." I think, and maybe hope this team is pro-crypto. The statement seems to be pro-crypto, and this seems to indicate a wider acceptance of the generalized mission of cryptocurrency to transform finance.
I love the building of a solid foundation in anything, and this is needed in cryptocurrency. I love this news in the current market downturn, it is something that provides light to the otherwise darkness of the crypto world over the pat year and counting.
Here's to the long-term health of cryptocurrency. I will continue to be festinated by the emergence of cryptocurrency, and and loving the buying opportunity this downturn has presented.