Fed’s Bostic Has a Message on Cryptocurrencies: ‘Don’t Do It’

Fed’s Bostic Has a Message on Cryptocurrencies: ‘Don’t Do It’

Federal Reserve Bank of Atlanta President Raphael Bostic has a short message about cryptocurrencies like bitcoin: Avoid!

“Don’t do it,’’ Bostic told an audience in Atlanta Tuesday at the Hope Global Forums annual meeting, which promotes financial inclusion, young entrepreneurs and affordable hous…

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