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Don’t Ban Crypto, Says Former FDIC Chief Sheila Bair

Don’t Ban Crypto, Says Former FDIC Chief Sheila Bair 

The former chairperson of the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits in the U.S., says that cryptocurrencies shouldn’t be outlawed. According to a new interview published by Barron’s, Sheila Bair suggested that while bitcoin and other cryptos lack an “intrinsic value,” so do currencies such as the U.S. dollar. “I don’t think we should…

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