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BIS ChiefWorries about a \Systemic Threat\ Of Crypto

BIS general managerFears from a "Systemic Threat" Of Cryptocurrencies,

BIS general managerFears from a "Systemic Threat" Of Cryptocurrencies, Prompts "Pre-emptive regulation" From Police "If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat... " The Chief of the Bank for International Settlements (BIS) has bagsavaged bitcoin as a "combination of a bubble, a Ponzi scheme and an environmental disaster." ? Augustin Carstens questioned Tuesday the sustainability of bitcoin and other cryptocurrencies and encouraged federal government had a obligation to clamp down on the payment technology

 

 



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  1. http://jfame.com/blogs/17661/85752

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  3. http://jfame.com/blogs/17661/85747