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February 28, 2014 01:11 am GMT

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

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oRNfzGDdyR0/

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