
Can crypto end USD dominance? Not likely, says ex-fed official
Former U.S. Federal Reserve official, Simon Potter is certain that no digital currency can ever be stronger than the dollar in backing global economies.
Former U.S. Federal Reserve official, Simon Potter is certain that no digital currency can ever be stronger than the dollar in backing global economies.
Mark Carney believes that the dollar will lose its place as the global reserve currency and adds that digital currency could take its place.
Bank of England Governor Mark Carney said he would still consider issuing a digital currency, although it’s not an immediate concern for the central bank.
At this point there was no need for further cryptocurrency regulation since the total turnover of these currencies have very little, if any, effect on the current financial markets as they are, according to FSB President Mark Carney.
England will not have a national cryptocurrency soon, says Bank of England Governor Mark Carney.