Bitcoinist
2023-05-09 20:30:43

Central Bank Of Ireland Governor Urges Policy Action To Combat “Crypto Ponzi”

According to Bloomberg, the Governor of the Central Bank of Ireland, Gabriel Makhlouf, has raised concerns about the potential risks associated with unbacked cryptocurrencies, which are more akin to a “Ponzi scheme” than an investment and pose risks to investors, according to the Governor. Makhlouf stressed the importance of urgent policy action to address these

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