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Bitcoin is speculation, not money, and facilitates financial crime, peak central bank warns – ABC News
The Bank for International Settlements urges central banks to develop their own digital currencies, saying cryptocurrencies are…
Bitcoin is not money it is a speculative asset that can be used by organised crime to launder money and launch ransomware attacks, the world’s top organisation of central banks says.
Key points:
- BIS says cryptocurrencies are splintering monetary systems…
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