Fierce Bitcoin Critic Admits Crypto Assets Have a Role in Global Finance

Fierce Bitcoin Critic Admits Crypto Assets Have a Role in Global Finance

Speaking at the Conference on Technology-Enabled Disruption, Agustín Carstens, the general manager of the Bank of International Settlements, questions the lack of “tangible assets” backing cryptocurrencies and asks for more clarity for consumers. Carstens has taken a long, hard stance against Bitcoin and cryptocurrencies, denouncing them as “fake money” and imploring young people to “stop […]

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