National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money

National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money
фото показано с : cryptodaily.co.uk

2018-6-15 12:30

Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches.

In Europe specifically, the majority of countries seem optimistic about cryptocurrencies, therefore this latest news about the NBR seems to contrast against the overarching trend.

According to Business Review (Romania) Mugur Isarescu, the Governor of NBR has spoken out against cryptocurrencies, stating that he does not believe they are an adoptable form of currency, simply because they cannot fulfil the basic functions of traditional FIAT money.

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