Federal Reserve Chair Janet Yellen: Fed Has No Authority To Regulate Bitcoin

If you were worried about the Federal Reserve trying to step in to regulate Bitcoin, breathe easy: Its leader doesn't think that the Fed has the authority to do so. Federal Reserve Chairwoman Janet Yellen was plain on the matter: "The Federal Reserve simply does not have authority to supervise or regulate [B]itcoin in any way." She went on to call Bitcoin "a payment innovation that is taking… Read More