Fed Chair Jerome Powell Cautions that Bitcoin Investments and Trading Pose Major Risks, Not Suitable for Payments or Store of Value

US Federal Reserve Chairperson Jerome Powell has cautioned that transacting in digital currencies such as Bitcoin can pose significant risks due to the high volatility nature of these new assets. Powell noted that virtual currencies remain highly volatile. He pointed out that Bitcoin may not… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bitcoin, btc, digital currencies, federal reserve, janet yellen, jerome powell, united states, us