Bitcoin unlikely to escape regulation, Riksbank governor says

Bitcoin unlikely to escape regulation, Riksbank governor says

The Edge Markets - Technology·2021-06-02 05:08

(June 1): Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.

Though monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.

……

Read full article on The Edge Markets - Technology

Finance cryptocurrency