Crypto Potato
2020-04-19 21:55:34

Opinion: Fed President Calls On Banks to Cancel Dividends, Is It Time for Cryptocurrencies?

Minneapolis Federal Reserve President Neel Kashkari wrote Thursday that banks should cancel dividends and sell shares to raise cash. Kashkari said these measures would be necessary to create a cash buffer going into a potentially drawn-out recession. Because should the banks fail to have enough cash on hand, a wave of defaults could trigger a […]The post Opinion: Fed President Calls On Banks to Cancel Dividends, Is It Time for Cryptocurrencies? appeared first on CryptoPotato.

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