“Cryptocurrency Presents More Risk Than Benefits,” Says Spain’s Central Bank Governor

News | May 25, 2018 By:

Luis María Linde, the governor of Spain’s central bank, has warned that cryptocurrency presents more risk than benefits.

In a speech at a meeting of leaders of the financial sector organized by Deloitte, Linde said that cryptocurrencies are spurious novelties that do not provide significant improvements and that should be tackled as soon as possible.