A few months after introducing the first draft aiming to prohibit Fed officials from owning certain assets, the policymaking Federal Open Market Committee has updated the document to include cryptocurrencies.last year claiming that numerous Federal Reserve top employees traded stocks, bonds, and real estate securities in 2020, shortly before the central bank employed specific COVID-19-prompted policies that impacted the market.
It reads that senior officials will be prohibited from purchasing individual stocks or funds tracing business sectors. They also won’t be able to invest in individual bonds, commodities, foreign currencies, other securities, and cryptocurrencies. It’s worth noting that digital assets were not mentioned in the first draft.
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