Bitcoin, Crypto currency, Blockchain

Federal reserve president warns of libra, bitcoin will decrease as a result

bbaccd5e836c320f1b18abc96b5be7ee - Federal reserve president warns of libra, bitcoin will decrease as a result

Federal reserve president warns of libra, bitcoin will decrease as a result

11 July 2019 18:04
11-07-19 18:04
Recent updated: 33 minutes ago
Updated: 33 minutes ago

24

In the course of the cryptomunt bitcoin is on Wednesday and Thursday, fell sharply. The reason for the drop was a warning from the Fed, president, and Jerome Powell, on Facebook-cryptomunt balance. The bitcoin dropped since Wednesday afternoon for about 15 percent of the time.

Powell said concern about the cryptomunt on Facebook. Some of the concerns of the Federal reserve’s ceo about privacy issues, money laundering, and consumer protection.

In addition to his concerns about the cryptomunt Powell said that he did not think that, Facebook continue to have to deal with the development of the libra, and if there is anything to be done on the above mentioned issues.