Bank of Finland releases a report on Cryptos

Crypto Market News

The Bank of Finland exposed a paper ‘The Great Illusion of Cryptocurrencies’ penned by Aleksi Grym, the Adviser on Digitalization and Head of the Digital Central Bank. It is quoted that the cryptos are not real money but recognized as ‘accounting systems for non-existent assets.’ It also stressed that the fundamental value of cryptocurrency is zero.

Leave a Reply

Your email address will not be published. Required fields are marked *