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Wednesday, 31 October 2018

Yellen: Bitcoin Not a Store of Value, ‘Anything But’ a Useful Currency

Janet Yellen, the former chair of the Federal Reserve, has doubled down on her longstanding criticisms of bitcoin and other cryptocurrency assets. Speaking on Monday at the 2018 Canada FinTech Forum in Montreal, the Obama appointee, who led the Fed from 2014 to 2018 following a four-year tenure as vice chair, alleged that bitcoin’s decentralized

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