A new report from the Bank for International Settlements (BIS) concludes that crypto’s “structural flaws” make it “unsuitable as the basis for a monetary system.” The Ann...
Tag: Unsuitable
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Coinotizia
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
European Central Bank Says Crypto Unsuitable As Store Of Value
The European Central Bank (ECB) said on Tuesday that cryptocurrencies are largely unsuitable as an investment or a store of value. The bank said if the current growth and market integration of cryptoc...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers – Regulation Bitcoin News
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. ...