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The President of the Federal Reserve Bank of Minneapolis reportedly says that Bitcoin (BTC) has no legitimate use case and that it may be putting investors into “harm’s way.” Neel Kashkari, the bank’s President and CEO says that BTC is more of a consumer safety risk than a financial stability risk. In a LinkedIn Live […]
The post Fed President Neel Kashkari Says Bitcoin Still Has ‘No Legitimate Use Case’ appeared first on The Daily Hodl.
The President of the Minneapolis Federal Reserve Bank is issuing a warning, saying that a recession could be around the corner as a banking crisis puts pressure on the US economy. According to a new report by Reuters, President Neel Kashkari says that even though the Fed’s current tactics to combat inflation could cause a […]
The post Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation appeared first on The Daily Hodl.
The President of the Federal Reserve Bank of Minneapolis says that the whole notion of digital assets can be discarded following the collapse of prominent crypto exchange platform FTX. Fed President Neel Kashkari says there is corruption in crypto that won’t end with the downfall of FTX as the entire industry is “nonsense” and has […]
The post Fed President Says Entire Notion of Crypto Is Nonsense Following the Controversial Implosion of FTX appeared first on The Daily Hodl.