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2019-03-22 21:00:04

BIS Manager: Bank-Issued “Crypto” Will Make for “Unpredictable” Consequences

The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features. Augustin Carstens made his comments during a speech at the Central Bank of Ireland...The post BIS Manager: Bank-Issued “Crypto” Will Make for “Unpredictable” Consequences appeared first on NewsBTC.