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In particular, Jerome Powell noted that crying products are "excellent" for money laundering
In his congressional address, Federal Reserve Chairman Jerome Powell made a series of critical statements about bitcoins and other cryptic goods. In particular, he noted that cryptology is "excellent" for money laundering, according to CoinDesk.
Powell also pointed out the great risks that criminals bring to investors. According to him, cryptography is an attractive bubble for inexperienced investors
"This is not a real currency, and we do not consider cybercurrencies like ours, but they worry me: currencies should to be a means of payment and to have value.For payments, just look at volatility, "said Powell.
However, for the moment, Fedorzerv's president does not see a special threat to traditional currencies on the part of digital assets
changes The latter is also recalled by its negative comments on cryptology.So, in December of last year, she called the bitcoins of highly speculative assets that no can be considered as a reliable way of preserving value.
Reminder Bitcoin price broke the $ 7,500 mark
Hong Kong acquired the company for cryptography This was the first precedent when the purchase was fully paid for cryptography.
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