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05 March 2021

Janet Yellen Calls Bitcoin a ‘Highly Speculative Asset’ - Decrypt

Janet Yellen Calls Bitcoin a ‘Highly Speculative Asset’ - Decrypt


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When asked if cryptocurrencies like Bitcoin need a special regulatory environment, Yellen said that the authorities are focusing on protecting investors and ensuring that cryptocurrencies are not used in criminal activity.

“I think it’s important to make sure that it is not used as a vehicle for illicit transactions and that there’s investor protection,” said Yellen.

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