Cryptocurrencies Are Junk, Says Mastercard CEO

Cryptocurrencies Are Junk, Says Mastercard CEO
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-7-27 08:00

Reports out yesterday state how the CEO of Mastercard, Ajay Banga has spoken out against cryptocurrencies, referring to them as junk. The statement, according to CCN, came from a talk in New York during which Banga downplayed the ability for cryptocurrency to be used as a medium of exchange.

Although as we all very well know, cryptocurrencies have already proven that they are useful media for exchange and of course, are accepted in various outlets worldwide already.

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cryptocurrencies ceo mastercard junk exchange says banga

Èñòî÷íèê: cryptodaily.co.uk

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Restaurants and Cafes To Soon Hong Kong Integrate Cryptocurrency Payments

Pundi X, a crypto Point of Sale (PoS) machine and network developer, has secured a deal with FAMA Group to supply crypto PoS machines to restaurant chains and cafes across Hong Kong. In an interview with local publication iNews24, Pundi X co-founder and CEO Zac Cheah said stated the high adoption rate of cryptocurrencies in Southeast Asia and the lack of infrastructure.

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Ethereum’s Joe Lubin, says ‘were moving towards a world of decentralized Governance’.

Leading crypto industry figures weighed in on the major implications of cryptocurrencies for – and beyond – the global economy, at the Rise conference in Hong Kong Wednesday, July 11. The panel’s participants were the Ethereum Foundation’s co-founder Joseph Lubin, CEO of crypto merchant bank Galaxy Digital Mike Novgoratz, Crypto.com CEO Kris Marszalek, Tenx’s Julian

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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.

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The bellwether cryptocurrency recently hit a low for 2018, dipping below $6,000 but has made a strong showing so far in July, rising to the $6,600 level. What does this mean for cryptocurrencies’ attempts at recovery in the coming season? Rod Turner, CEO of Blockchain crowdfunding platform Manhattan Street Capital, predicts “crypto investor interest will rise for

2018-7-3 22:09


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