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Stock impact report

A Fed Governor And Watchdog Boss Made A Serious Bitcoin And Crypto Warning [Forbes]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Forbes
Bitcoin and cryptocurrencies, barely a decade old, have already begun to turn the world of finance of its head Social media giant Facebook's revelation it would release its own answer to bitcoin some time in 2020 served as a rude awakening for the world's governments and central banks last year— and they are still failing to take the digitization of finance seriously enough That's the opinion of the chair of the Financial Stability Board and U.S. Federal Reserve governor Randal Quarles who this week warned top finance ministers and central bankers around the world they need to work quickly to keep up with the "rapid" changes brought about by bitcoin and cryptocurrencies "Technology is changing the nature of traditional finance, bringing innovations that create both potential benefits and risks," Quarles reportedly Many governments and central banks around the world have expressed concerns that Facebook's libra, a so-called stablecoin that will be pegged to a basket of traditional curr Show less Read more
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