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Cryptocurrency can destabilise nations: Hillary Clinton
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moneycontrol.comCryptocurrencies have the potential to weaken and debilitate entire nations in due course of time, said Hillary Clinton. The former Democratic Presidential candidate was addressing a panel at the Bloomberg New Economy Forum called for greater attention towards the emergence of this asset class, given that they could possibly undermine existing fiat currencies and the dollar's role of being the reserve currency.
Clinton mentioned, "One more area that I hope nation-states start paying greater attention to is the rise of cryptocurrency -- because what looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the role of the
Read more on moneycontrol.comAbout this in other media
Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News cryptonews.com /3 years ago
Crypto poses no big risk to economy so far, Bank of Canada official says cointelegraph.com /3 years ago
Clinton: Regulate crypto to stop manipulation by Russia and China cointelegraph.com /3 years ago
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