Federal Reserve Governor Lael Brainard said the central bank is monitoring the “extreme volatility” of cryptocurrency prices, particularly bitcoin, but does not believe virtual currencies pose a current threat to U.S. financial stability.
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Jackson told Newsweek in December 2017. “Bitcoin’s upper limit is still much more than it is today. If it reaches even one percent of the value store of other major money supplies, like the U.S. dollar, it could be worth 100 times what it is today.”..Click here to know the details story
AUTHOR
Samantha Chang
