Banker news and trends

BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens

March 22, 2019
Anti-Bitcoin Banker Says Banks Shouldn’t Create Tokens
Blockchain Tracker: Banks’ Experimentation With Blockchain Tech
Blockchain // July 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. As we reported just a few months back, this technology is set to disrupt...

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BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens

March 22, 2019
Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. In the past, Carstens has called Bitcoin “a bubble, a Ponzi scheme and an environmental disaster.” He […]