Neel Kashkari 18 November citing an article from the Wall Street Journal (WSJ) about the FTX bankruptcy on in his postthe entire cryptocurrency industry fraud He claimed it was a tool. Kashkarithe advantages or practicality of cryptocurrencies in terms of payment not and inflation protection not providing told.
Quoting an article on how investors were duped by FTX, Kashkari stated that cryptocurrencies limited reserve or tax authority that it does not have institutional bodies such as speculation middleman argued that.
He is also the Vice President of the US Federal Reserve for Supervision. Michael Barrto the crypto industry to avoid future financial stability risks. strong limitations warned them to pass a law that brought
On the other hand, crypto money supporter senators are against crypto money opponents. “Socialists trying to control every penny in our pockets.” had voiced his words.