UPDATE 1-Fed's Waller says crypto is risky, Harker sees continued demand

Federal Reserve Governor Christopher Waller on Friday had a pair of warnings for those involved in cryptocurrency assets, telling buyers they could lose their investments, and banks that they must guard against bad actors and risks to the financial system. Speaking at the same conference several hours later, Philadelphia Fed President Patrick Harker presented survey data suggesting that despite those risks, cryptocurrency will likely remain in demand. In recent months the cryptocurrency indust