Tuesday, October 20, 2020

Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering

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Jerome Powell, chairman of the U.S. Federal Reserve, had some harsh words for cryptocurrencies during an appearance before the U.S. Congress. Speaking to the House Financial Services Committee, the head of U.S. central bank said Wednesday that cryptocurrencies have no "intrinsic value" and presented severe risks to investors, as […]

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