Powell's testimony raising concerns over Facebook & cyber crime and Cryptocurrencies


Mr. Sherman is now in session with Federal Reserve's chairman Powell who is raising his concerns over Cryptocurrencies threatening the Dollar's status as the world's reserve currency, specifically talking about Facebook as a threat. He is also raising concerns over organised crime, wire transfers. 

  • Powell has essentially told Sherman that he will have to come back to him with experts on the matter. 

 

 

 

 

 

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