Bitcoin is a vehicle for fraudsters, warns Goldman Sachs boss – The Guardian


The Guardian

Bitcoin is a vehicle for fraudsters, warns Goldman Sachs boss
The Guardian
… 13.25 EST Last modified on Thursday 30 November 2017 14.53 EST. The boss of Goldman Sachs became the latest high-profile critic of bitcoin, claiming it was a vehicle to commit fraud as the value of the cryptocurrency plunged 20% in less than 24 hours.
Blankfein Says It’s Too Soon for a Bitcoin StrategyBloomberg

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Russia’s Largest Bank Pulls Off Blockchain Pilot Using IBM Platform – Cryptovest (Cryptocurrency & Blockchain News)


Cryptovest (Cryptocurrency & Blockchain News)

Russia’s Largest Bank Pulls Off Blockchain Pilot Using IBM Platform
Cryptovest (Cryptocurrency & Blockchain News)
In Russia, blockchain is considered a legitimate technology, with believers including the government. In mid-October, it announced the launch of a pilot to use blockchain in the Unified State Register of Real Estate for the territory of Moscow. The
Russia’s biggest bank conducts its first blockchain payment transactionRT

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Fed’s Quarles warns that digital currencies like bitcoin pose ‘serious financial stability issues’ as they grow – CNBC


CNBC

Fed’s Quarles warns that digital currencies like bitcoin pose ‘serious financial stability issues’ as they grow
CNBC
Bitcoin and other cryptocurrencies pose greater danger to the financial system as they become more popular, new Federal Reserve Governor Randal Quarles warned in a speech Thursday. On the same day bitcoin prices plunged after a massive rally, the …
Fed’s Randal Quarles Says Bitcoin Could Be Dangerous for the Financial SystemBloomberg

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