The post Former Fed Chief Slams Bitcoin Act of 2024, Warns of Market Risks appeared first on Coinpedia Fintech News
Bill Dudley, former president of the Federal Reserve Bank of New York and current chair of the Bretton Woods Committee, has rejected the idea of Bitcoin (BTC) becoming a government reserve currency. In his recent Bloomberg op-ed on December 6, Dudley said that adopting Bitcoin as a reserve currency would bring no real advantages and …