BIS Director: Bitcoin lost its role as a result of the exchange.

2021-3-26 00:18
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French market analyst Benoit Coeure, director of the Bank for International Settlements' (BIS) Innovation Center, told Bloomberg that he thought Bitcoin had lost its role as a result of the exchange. He acknowledged that cryptocurrencies have a "place", but said they need digital banking for payment. Coeure claims that Bitcoin may be an "investment tool," but that's not his decision.

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2021-3-26 00:16