The incoming New York Fed Reserve Bank chief, John Williams, has stated that cryptocurrencies are not currencies as they do not meet the basic requirement of currency in any way and cannot replace the US Dollars.
Cryptocurrency is possibly posing risk to Yuan, this is the recent statement from the Central Bank of China. As the bank’s governor stated that cryptocurrency is undermining the nation’s currency.
CEO of Blockchain says Central Banks will start holding major cryptocurrencies like Bitcoin and Ether in their balance sheets.
The South Korean government has called to financial regulators and central banks of 23 other nations as well as 12 organizations, which include the International Monetary Fund and the European Union, to join forces on curbing crypto…
Its predicted that Bitcoin will completely affect the financial market leading to global financial crisis