Tag: cryptocurency
TORONTO (Reuters) – The chief executive of Canada’s biggest lender on Thursday pushed back on a suggestion by JPMorgan Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. Speaking at a Reuters Newsmaker event in Toronto, Dave McKay, CEO of Royal Bank of Canada, said: “Has Bitcoin misrepresented […]
The future of cryptocurrency for banks could be as a settlement money that connects other different monies. The big question is whether this is this a role for Bitcoin specifically? My old friend Alistair Milne recently published a very interesting paper on Cryptocurrencies from an Austrian Perspective (SSRN, 12th April 2017) in which he explores the use of new […]
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