Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes

Publikováno: 10.5.2023

#Altcoin News#Ireland#Central Bank#Regulation#EU#Europe#Adoption#Cryptocurrency

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Unbacked cryptocurrencies are more like a "Ponzi scheme" than an investment, argued Central Bank of Ireland Governor Gabriel Makhlouf - but adding that "crypto is not going away very soon."
In a Friday blog post, Makhlouf stated that Ireland's Central Bank differentiates between 'backed' and 'unbacked' crypto. ...
Read More: Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes
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