Michael Barr, who has been serving as a Federal Reserve Board Member, recently announced his resignation as the Vice Chairman for Banking Supervision. His departure is set to occur on February 28, just ahead of the transition to the next administration. This change has sparked widespread discussion within the financial industry, particularly because of Barr's anti-crypto stance.
His exit marks a significant shift at the Federal Reserve, as Barr played a key role in shaping policies that impact the crypto industry. Speculation surrounds how this change may affect future crypto regulations and policies.
