Use of crypto-currencies has more risks than benefits: Bank of Spain head

23 May 2018

Use of crypto-currencies has more risks than benefits: Bank of Spain head

MADRID 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.

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.

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