Connect with us

Business

Janet Yellen suggests ‘curtailing’ cryptocurrencies such as Bitcoin, saying they are mainly used for ille.. – Business Insider

Treasury secretary nominee Janet Yellen suggested the Joe Biden administration could be tough on Bitcoin and cryptocurrencies after huge price rises.

Published

on

post featured image
ADVERTISEMENT

Janet Yellen expressed concern about cryptocurrencies like Bitcoin, which have surged in price
Andrew Harnik/ASSOCIATED PRESS
Treasury secretary nominee Janet Yellen has suggested lawmakers should “curtail” the use of cryptocurrencies such as Bitcoin, saying she is concerned that they are “mainly” used for illegal activities.
Her comments come amid a surge of interest in Bitcoin, with its price soaring around 300% in the last year. The Bitcoin price was last down 7.59% to $34,183.57, while rival…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Police Nab Would-Be Bank Robber in San Jose, Bomb Squad Responds – NBC Bay Area
Article feature image
Russ Martin, Longtime North Texas Radio Personality, Found Dead At Frisco Home – CBS Dallas / Fort Worth
FDA Issues Emergency Use Authorization for Third COVID-19 Vaccine – FDA.gov