Margherita
Wed Aug 28 2024
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7 answers
1519
What is reserves Bank’s stance on Bitcoin?
Could you elaborate on the stance of reserve banks towards Bitcoin? Are they embracing it as a legitimate form of currency, or are they skeptical and cautious due to its volatility and decentralized nature? Are there any specific regulations or guidelines being implemented to govern the use of Bitcoin in financial transactions? And how do these reserve banks perceive the potential risks and benefits of Bitcoin in the long run?
