Bitcoinist
2023-03-10 14:00:42

Crypto Needs ‘Guardrails’ To Realize Positive Effects On Financial System, Top Fed Official Says

Michael Barr, Federal Reserve Vice Chair for Supervision, has acknowledged that crypto technology still holds promise for transforming the financial system, but emphasized the need for “guardrails” to harness its potential. Barr’s comments come as the use of cryptocurrencies such as Bitcoin and Ethereum continues to surge in popularity, with investors and financial institutions alike

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