May 23, 2018 / 8:07 AM / 3 months ago
Use of crypto-currencies has more risks than benefits: Bank of Spain head
MADRID (Reuters) - The use of crypto-currencies creates more risks than benefits, the Bank of Spain head Luis Maria Linde said at a conference in Madrid on Wednesday.
FILE PHOTO: Spain's Central Bank Governor Luis Maria Linde attends the 2016 Institute of International Finance (IIF) Spring Membership meeting in Madrid, Spain, May 25, 2016. REUTERS/Susana Vera
Speaking on the rise of new technologies in the banking and financial sectors, Linde also warned that the move to a digital economy came with cybernetic risks and challenges.
Reporting by Paul Day; Editing by Julien Toyer
Our Standards:The Thomson Reuters Trust Principles.
0 : 0
- narrow-browser-and-phone
- medium-browser-and-portrait-tablet
- landscape-tablet
- medium-wide-browser
- wide-browser-and-larger
- medium-browser-and-landscape-tablet
- medium-wide-browser-and-larger
- above-phone
- portrait-tablet-and-above
- above-portrait-tablet
- landscape-tablet-and-above
- landscape-tablet-and-medium-wide-browser
- portrait-tablet-and-below
- landscape-tablet-and-below