Janet Yellen is a little skeptical of crypto but believes it can also bring certain benefits
During a recent interview with CNBC, former Fed Reserve Chair and current Treasury Secretary Janet Yellen said that crypto can be beneficial to some extent, although she is skeptical about it.
“There are benefits from crypto”
When asked by CNBC host Andrew Sorkin whether her attitude toward digital currencies has changed from her previous negative stance, Yellen said that she remains a little skeptical about it.
However, the US Treasury Secretary also believes that crypto can bring some benefits if used correctly. In particular, Yellen admitted that innovation in the payment systems used by the United States can be a good thing.
Number of BTC holders surpasses 40 million
On-chain data vendor IntoTheBlock has spread the word about a massive increase in the overall number of Bitcoin wallets.
Today, the flagship digital currency is held by over 40 million addresses (40.21 million). This is a new all-time high for this metric.
The chart shared by the agency shows that after this metric dropped back in February, it then resumed growing. The fact of reaching this historic peak points to growing adoption of Bitcoin and an upsurge of interest in the leading digital currency, the tweet states.
Bitcoin Price Action
BTC has been rising since March 22, when it posted 4% growth from $41,182 to $42,824.
This uptick was followed by another rise by 4.81% by now. After soaring since yesterday, the king crypto is exchanging hands at $44,873 per coin on the Bitstamp exchange at the moment.
Bitcoin as legal tender
In other news, the two countries were mentioned in the context of the possibility of Bitcoin becoming legal tender this week. Malaysia considers BTC an official medium of exchange, as U.Today reported earlier.
However, Honduras, which was rumored to be doing likewise, has denied these rumors.
The only country that has so far officially adopted BTC remains El Salvador. This week, its chairman, Nayib Bukele, met with Binance CEO and co-founder, Changpeng Zhao (commonly referred to as simply CZ), who visited the country to discuss cooperation to help El Salvador issue bonds. Bitcoin.
Last year, when the aforementioned country adopted Bitcoin as a legal tender, CZ supported this decision by praising it on Twitter.
