Cryptocurrencies
Risk, Reward, Regulation: Central Bankers Eye Crypto Cautiously
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Central bankers are seeking to balance the opportunities offered by cryptocurrencies with the risk that slow progress on regulating them could mean more losses for consumers.
Chiefs of the Reserve Bank of Australia, Swiss National Bank and Hong Kong Monetary Authority admitted broad uncertainties on the future of digital currencies and hailed the underlying technology while speaking on a panel on the sidelines of the Group of 20 finance meetings in Bali, Indonesia.