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“An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable,” claimed Rehn. Go to Source Powered by WPeMatico
Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them. Its new paper on Bitcoin and other virtual currencies shows there is still a distinct lack of trust and belief in this growing industry. … Read more
At press time, the father of cryptocurrencies is back up to the $6,600 mark it had reached just 48 hours ago. During yesterday afternoon, bitcoin had seemingly fallen back down to $6,500, and was trading for about $100 less than where it stood previously. However, as it’s still semi-vulnerable to volatility, the currency has spiked … Read more
