Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’

Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’


Bitcoin.com
2022-11-22 03:30:10

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool of speculation and greater fools.” Minneapolis Fed President Neel Kashkari on Crypto and FTX