Debunking the false narrative that cryptocurrencies are mainly used for illicit activity
On January 19, Treasure Secretary Nominee, Janet Yellen, responding to a question during her Senate confirmation hearing stated that cryptocurrencies are “a particular concern.” According to Yellen who has now backtracked on her earlier statement, digital assets are primarily used for illicit financing. Her comments about cryptocurrencies do not come as a surprise. Yellen is not the first person to voice out her misconception about Bitcoin and digital assets. The CEO of Black