2018-7-5 20:10 |
Blockchain may have useful applications in other sectors but making money is not one of them, according to the Bank of International Settlement General manager Agustín Carstens.
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The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.
2018-7-5 17:00 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons
2018-7-5 16:55 | |
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Popular cryptocurrency exchange desk Coinbase, on May 23rd, had announced plans to shutter its digital asset platform GDAX to launch the new Coinbase Pro which will cater specifically to crypto-traders.
2018-6-20 20:55 | |
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A senior NEO executive has questioned how Facebook handles data, offering blockchain as a solution to the problem of data consent. Speaking on his first time in London, he also said NEO are planning to create a European office to access the western market.
2018-6-18 13:00 | |
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They are also actively testing the distributed ledger technology underlying cryptocurrencies – not as a substitute for the current system, but to build on it.” The BIS general manager concludes that “Even in this digital age, trust in the issuing institution matters and will continue to underpin currencies. Central banks, for their part, will have
2018-6-17 00:21 | |
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