Home / Banking / Federal Reserve Governor: We’re Monitoring ‘Extreme Volatility’ of Cryptocurrencies

Federal Reserve Governor: We’re Monitoring ‘Extreme Volatility’ of Cryptocurrencies

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. Brainard made the remarks April 3 during a speech at the Stern School of Business in New York, where she warned investors to

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