BIS official casts doubt on El Salvador bitcoin ‘experiment’

“We have been clear at the BIS that we don’t see bitcoin as having passed the test of being a means of payments. Bitcoin is a speculative asset and should be regulated at such,” Coeure said at the launch of a regulatory research hub at the Bank of England .

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

…Read the full story