Top global banking official warns of virtual currency risks
BERLIN (AP) " A top international banking official says that central banks should be prepared to intervene to prevent virtual currencies becoming a threat to financial stability.Agustin Carstens, the general manager of the Bank for International Settlements " an international organization for central banks " said Tuesday that bitcoin "has become a combination of a bubble, a Ponzi scheme and an environmental disaster."In a speech in Frankfurt, Germany, Carstens said many people [...]
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