CRYPTO

Fed's Brainard Says Recent Upheavel Shows Need For Crypto Rules

Fed Vice Chair Nominee Lael Brainard said the time is right to regulate cryptocurrency markets
Recent upheaval in the cryptocurrency markets shows the sector is subject to similar risks as conventional investments, underscoring the need for regulation to protect against the "false allure" of a quick profit, Federal Reserve Vice Chair Lael Brainard said Friday.
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