crypto adoption – BOL News Staging

Crypto prices move more in sync with stocks, posing new risks

January 23, 2022 by Muhammad Zubair

NEW YORK: Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns. The market value of these novel assets rose to nearly $3 trillion in November from $620 billion in 2017, on soaring popularity among retail and … Read more

Chinese central bank executive: crypto adoption is a ‘huge challenge’

September 25, 2021September 24, 2021 by Syed Ahad

As per the warning by the Chinese central bank executive, the quick acceptance of cryptos such as Bitcoin (BTC) stances a ‘huge challenge’ for the traditional financial system. The director of the payment and settlement department at the People’s Bank of China (PBoC), Wen Xinxiang, has highlighted fears over the increasing fame of cryptos and … Read more

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