© Reuters. FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks on the John F. Kennedy Faculty of Authorities at Harvard College in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder
(Reuters) – Current losses within the cryptocurrency market present the necessity for cryptocurrencies to be regulated the identical manner conventional finance is, Fed Vice Chair Lael Brainard stated on Monday.
“It is actually regarding to see that retail buyers are actually getting damage by these losses,” Brainard stated in an interview with Bloomberg in Washington.
Cryptofinance “must be beneath the regulatory perimeter,” she stated.
