Japan Central Bank: Cryptocurrencies Arent Competition

in #blockchain6 years ago

This just in , Haruhiko Kuroda, the Governor of the Bank of Japan called cryptocurrencies "crypto-resources" and said that “cryptocurrencies are not a threat to the Yen and he doesn’t see them as a danger to existing legal tenders anytime soon,” as crypto-lines reports. In any case, national brokers have different and clashing feelings on the issue, leaving potential financial specialists over the world without clear direction as to a future agreement on the issue.

This is big news on a global level - the more we realize that embracing crypto on a global level only benefits our societal and technological advances, the sooner we will thrive!

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