In her final press conference, Fed Chairperson, Janet Yellen, answered some questions today regarding Bitcoin. She stated that she sees any financial stability risk from Bitcoin as “limited”, saying she sees no significant exposure to our core financial institutions due to its price fluctuations. Earlier, when asked about the potential for regulation, she said that the Fed does not consider the impact of Bitcoin to be great enough to consider any regulation at this time. There has been a lot more activity in the Bitcoin and cryptocurrency world over the last few days, and most of it is quite different from […]
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