Skip to main content

Threat of Cryptocurrencies Will Lead to Introduction of State-backed Digital Currencies, Citigroup CEO

Citigroup CEO Corbat claimed that Bitcoin and other virtual currencies threaten the current financial system’s capabilities around data, tax collection, money laundering and KYC protocol.



from Cointelegraph.com News http://bit.ly/2i0j7df
via ResoNova

Popular posts from this blog

Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive

Sandeep Goenka, the co-founder of Zebpay, one of India’s largest and leading bitcoin exchanges, believes that bitcoin price can reach $3,500 by the end of 2017.

from Cointelegraph.com News http://bit.ly/2rmpnir
via ResoNova

Price Analysis, August 3: Bitcoin, Ethereum, Litecoin

Check the price analysis for Bitcoin, Ethereum and Litecoin

from Cointelegraph.com News http://bit.ly/2hrWksU
via ResoNova

State Bank of Mauritius Embraces Blockchain Assets As Collateral

Blockchain technology assets being embraced by the State Bank of Mauritius as a way to collateralize loans.

from Cointelegraph.com News http://bit.ly/2xFni3e
via ResoNova