“I don't think that cryptocurrencies will become money as we know it, but it can be an alternative to gold and its value.” crypto cryptocurrency bitcoin $BTC
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
I don’t think that cryptocurrencies will become money as we know it, but it can be an alternative to gold and its value. The executive said that central banks across the world should consider bringing cryptocurrency into the regulated space. He stated: “Nobody knows who owns private money, so it is subject to misuse,” he stressed, adding that this issue is what the governor of the Indian central bank, the Reserve Bank of India , is so concerned about. He added, “monetary systems across the world have flagged off AML and KYC issues pertaining to crypto.”
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