Fed’s Kashkari says very few transactions actually happen on crypto, except for illegal activity

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, hammered crypto again, claiming that legitimate transactions are rare. According to him, the only reason most people touch crypto is for illegal purposes like drugs. “People are buying and selling crypto,” he said, but they aren’t using it to pay for things legally. Unless it’s […] source: https://www.cryptopolitan.com/feds-kashkari-says-very-few-transactions-actually-happen-on-crypto-except-for-illegal-activity/