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Neel Kashkari
Senior Federal Reserve Official Who Blasted Bitcoin Now Says He'll Have an Open Mind
Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry "worthless" and "nonsense," still isn't an uber-bull, though.
Videos
Minneapolis Fed President Kashkari on Crypto Market: ‘Thousands of Garbage Coins’
CoinDesk’s Nikhilesh De discusses what to make of Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, criticizing bitcoin and cryptocurrency in general. “It’s just a signal of how much the central bank is paying attention to the industry,” De said.
Minneapolis Fed President Kashkari on Crypto Market: 'Thousands of Garbage Coins'
"I've not seen any use case other than funding illicit activities like drugs and prostitution," the central banker said.
Fed's Kashkari Says Blockchain 'Has More Potential' Than Bitcoin
The president of the Federal Reserve of Minneapolis took aim at bitcoin today, criticizing the ease at which new cryptocurrencies can be created.
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