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Federal Reserve’s Neel Kashkari Criticizes Cryptocurrency, Calling It “Useless.”
Fed’s Minneapolis President Neel Kashkari Labels Crypto “Utterly Useless” – Highlights Limits of Stablecoins
Minneapolis, Feb. 20 2026 – At the Midwest Economic Outlook summit on Thursday, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, warned that cryptocurrencies have failed to demonstrate practical value, especially when compared with the rapidly expanding use of...




















