You are here

Crypto not a threat to traditional monetary system, say experts

Cryptocurrencies are unlikely to affect monetary policy as, historically, only countries with very high inflation have seen large-scale currency substitution.


These were some of the conclusions from a workshop involving academic researchers, central bankers, and financial industry practitioners, as reported in a special feature in Friday's Monetary Authority of Singapore (MAS) macroeconomic review.

The event was held by MAS's...

Market voices on: