SWIFT Trashes Cryptos At London

SWIFT Trashes Cryptos At London

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) in its recently held London briefing has come down heavily on cryptocurrencies terming it as ‘useless’. The spokesperson said that cryptocurrencies are useless as they are too volatile, and even when they are stable, they are still just a collection of currencies and they consider Facebook‘s Libra the only crypto, and they have the least impact on the payment industry.

Leave a Reply

Your email address will not be published.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