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Month: June 2021

Enemy of Bitcoin, the Central Bank of Japan Called Bitcoin Nothing More than a Speculative Asset

Enemy of Bitcoin, the Central Bank of Japan Called Bitcoin Nothing More than a Speculative Asset

Japan's Central Bank Calls For Crypto Caution | PYMNTS.com

Haruhiko Kuroda, governor of the Bank of Japan (BOJ), has joined the central bank aiming at Bitcoin (BTC) amid the current volatility. The BOJ governor’s criticism came as Bitcoin drew more than 50% of its all-time high of $ 64,000 reached in mid-April.

Indeed, some central bankers have taken the current Bitcoin price sway as an opportunity to slam BTC and cryptocurrency in general. You can get referal code for trading here bitcoinxxo.com

Earlier in May, Luis de Guindos, vice president of the European Central Bank (ECB), also expressed negative sentiment about Bitcoin. As reported by Cointelegraph at the time, ECB executives argued that cryptocurrencies have weak fundamentals and do not qualify as real investments.

Recently, Lars Rohde, governor of the Danish central bank, brushed aside the possibility of a cryptocurrency threatening the central bank’s autonomy. According to Rohde, big technology, not crypto, is a real competitor to the gatekeepers … Read more