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Nalezeno "Ireland's Central Bank": 7

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


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'...

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