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US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity

Published 12/18/2019, 06:36 AM
Updated 12/18/2019, 08:21 AM
© Reuters.  US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity
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A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals.

In a panel speech honoring Benoît Coeuré, a member of the executive board of the European Central Bank (ECB), Lael Brainard highlighted the perceived risks still posed by cryptocurrencies.

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