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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »

2018-7-21 00:41


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Fed Sir: Crypto No Intrins Value, Value is not a store, great for money laundering

In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies could pose a significant risk to the country’s financial stability at their current size. U.S. Representative and vice-chairman of дальше »

2018-7-19 17:07


Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation

Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »

2018-7-19 15:00


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