Swedish Central Bank Acknowledges Benefits of Cryptocurrencies
Sveriges Riksbank, Sweden's central bank, has published a brief economic commentary on the impact of digital currencies on the retail payments market. The document outlines the basics behind digital currencies and focuses on bitcoin, but it also mentions some altcoins such as litecoin and dogecoin. Aside from a relatively basic introduction to digital currencies and background information for novices, the document also sheds light on the state of bitcoin in Sweden and the bank's attitude towards bitcoin and other cryptocurrencies. Take-up remains limited. The Sveriges Riksbank report found....
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Crypto Said to Have No ‘Real Economic Benefits’ for Pakistan
The governor of the State Bank of Pakistan (SBP), Reza Baqir, recently said his institution had concluded that the potential risks that are associated with cryptocurrencies....