Who will decide the furture of Cryptocurrencies - Malaysian Central Bank has the Answers
Malaysia Central Bank authority clearly mentioned that the fate of cryptocurrencies in the country depends on the public adopting them. They will neither ban nor recognize cryptocurrency. When some countries are too much critical on Cryptocurrencies especially Central bank, Malaysia Central Bank is an exception in this regard.
“Basically, we will let the cryptocurrency promoters including bitcoin, Ethereum and ripple to be more transparent, the methods to be more transparent and people behind the scene are to be more transparent too,” - Central Bank Chief Said
China, Indian Central bank authority is too critical on Cryptocurrency. China already banned cryptocurrency exchange though some Chinese Cryptocurrency exchange are now one of the top cryptocurrency exchange in the world. Reserve Bank of India is also not comfortable with Cryptocurrency.
We have learned that Not only reserve Bank of India, all the tops bank from India is critical on Cryptocurrency. All the FUD now gone. South Korea is not going to ban Cryptocurrency Exchange rather it will support the development of Blockchain Technology.
What is your opinion on the Blockchain Technology and Cryptocurrency in general? Please leave a comment below
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My national bank also has the amswers.
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