Sheila Bair Favors Crypto Allowance

Sheila Bair Favors Crypto Allowance

The former head of Federal Deposit Insurance Corporation, Sheila Bair has quoted that the cryptocurrencies should not be banned. She claimed that the cryptocurrencies do not carry an ‘intrinsic value’ as similar to the green bills (fiat currencies). She advised that the government should impose disclosure requirements and such other measures on cryptos.

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