Government-backed cryptocurrencies could threaten the U.S. economy, that’s according to a new report
The Treasury Department believe that prices crypto are set by market speculation and don’t have much economic reality.
It’s found crypto-asset firms intersect with entities that have risky business profiles.
Treasury believes this is a concern for the U-S financial system.
Of course, Bitcoin is just one digital coin to swing and los much of its value since the start of this year.
But advocates think these stable-coins could be less volatile than traditional currencies.
