Fed’s Kashkari signals openness to crypto, but questions its utility

Minneapolis Fed President Neel Kashkari, a long-time crypto critic, says he is now "open-minded" on the sector. However, he questioned crypto's real-world utility, noting limited adoption despite its 16-year history. President-elect Donald Trump’s pro-crypto stance, including a potential replacement of SEC Chair Gary Gensler, may shift the regulatory landscape, CoinDesk has reported.