Don’t Read Too Much into the FSB’s Letter to the G20 on Bitcoin: Expert Take

in #bitcoin7 years ago

The big bit Rally has been repeatedly attributed to the fact that the Financial Stability Board (FSB), a major international regulator, has sent a letter to G20 Finance Ministers and Central Bank governors, which states that Vitcoin has no systemic No risk. "The overall sentiment of the market seems to be that the statement of FSB acts as a positive sign for currency, in beta-carine value Does not provide the basis for the $ 1,000 + rally because G meets to discuss 20 policy.

SOURCE https://cointelegraph.com/news/dont-read-too-much-into-the-fsbs-letter-to-the-g20-on-bitcoin-expert-take

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This post got upvoted by @goldenwhale courtesy of @maffiarules!

Hi @maffiarules

The article conclusion is a bit unclear. Is it the opinion of Chris Brummer that crypto currency is in a bad or good condition?