The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.
Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.
Shares:
Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.
WonderFi CEO was forced into a vehicle but released after a ransom was paid.
The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal
Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomware payments and sanctions evasion.