💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Circle CEO: Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society

Published 04/11/2019, 01:15 PM
Updated 04/11/2019, 01:23 PM
Circle CEO: Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society
JPM
-

The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, D.C. on April 10.

Allaire discussed both the potential and the issues associated with crypto and blockchain-related developments in a panel dubbed “Money and Payments in the Digital Age.” Moderated by the IMF’s managing director Christine Lagarde, the CFO of Consumer & Community Banking at JPMorgan (NYSE:JPM) Sarah Youngwood, the European Central Bank’s (ECB) Benoît Cœuré and governor of the Central Bank of Kenya (CBK) Patrick Njoroge also participated in the panel.

Continue Reading on Coin Telegraph

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.