isphere_crypto on Nostr: Federal Reserve President Remarks on Crypto Use Spark Controversy. In a recent ...

Federal Reserve President Remarks on Crypto Use Spark Controversy. In a recent statement, a Federal Reserve president stated that cryptocurrency is "almost never" used for legitimate purposes outside of drug deals and illegal activities. The remarks have sparked debate among experts and users, with some arguing the comments are overly broad and stigmatizing while others see them as a warning about the potential risks associated with cryptocurrencies.

Source: https://decrypt.co/287542/fed-president-crypto-drug-deals-illegal-activities