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US Federal Reserve considers introducing own cryptocurrency – NEWS.com.au
US Federal Reserve considers introducing own cryptocurrency
The US Federal Reserve and the Treasury Department are turning up the heat on cryptocurrency, signalling a crackdown could be coming after several days of volatility in the sector.US Federal chair Jerome Powell said in a rare video message that cryptocurrencies, which have grown to have a market cap of nearly $US2 trillion ($A2.6 trillion), pose some risks to both individual investors and the broader financial system.
Mr Powell also noted that the Federal Reserve is exploring how and whether cryptocurrencies…
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