Fed President Neel Kashkari tears into 'giant garbage dumpster' cryptocurrencies

Business Insider

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· *Cryptocurrencies are "like a giant garbage dumpster" and lack the basic characteristics of any stable currency, Minneapolis Federal Reserve President Neel Kashkari said at an event on Tuesday.*
· *The Fed official praised the Securities and Exchange Commission for "cracking down on" the coin-offering frauds and said "people...

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