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Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World

By Kimberly McCoy June 26, 2025 1 mins read 15985 Views
On today's episode of CNBC Crypto World, during testimony before the House Financial Services Committee, Fed Chair Jerome Powell said that the stablecoin industry has matured significantly over the past few years. Plus, Sen. Cynthia Lummis explains why the U.S. needs to pass a crypto market structure bill now. And, Digital Asset CEO Yuval Rooz discusses how capital raised during a funding round backed by Goldman Sachs, BNP Paribas and Ken Griffin’s Citadel Securities will be used.

Chapters
00:00 - CNBC Crypto World, June 25, 2025
0:27 - Bitcoin rises
1:04 - The headlines
4:52 - Yuval Rooz, CEO Digital Asset

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Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World

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By: CNBC Television
Title: Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World
Sourced From: www.youtube.com/watch?v=M9T8hQWfqME


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