A senior Federal Reserve official recently dismissed cryptocurrency's practical value for everyday consumers, characterizing digital assets as essentially lacking utility in real-world consumer applications. This stance reflects ongoing skepticism from mainstream financial regulators regarding crypto adoption and use cases, adding to the ongoing debate about blockchain technology's actual benefits versus its potential risks.
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A senior Federal Reserve official recently dismissed cryptocurrency's practical value for everyday consumers, characterizing digital assets as essentially lacking utility in real-world consumer applications. This stance reflects ongoing skepticism from mainstream financial regulators regarding crypto adoption and use cases, adding to the ongoing debate about blockchain technology's actual benefits versus its potential risks.