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Central banks fear the unregulated private sector digital currencies could undermine their monetary sovereignty.
Invoke the prefix “crypto” to most people, and negative thoughts are likely to follow; after all, dictionary.com defines the term as a noun meaning...
The cryptocurrency proposed by Facebook's Mark Zuckerberg has been a target of skepticism and criticism from a number of government officials.
"We still have governments and governments are not willing to let their currencies go," warned Nicholas Coriano of Cervitude Inc.