BBVA Executive: Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities
Cointelegraph
Published Sep 17, 2018 12:25PM ET
Updated Sep 17, 2018 12:41PM ET
BBVA Executive: Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities
Cryptocurrencies are "perfect", but are often used for bad purposes, executive chairman of multinational Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA (MC:BBVA)) Francisco Gonzalez Rodriguez stated in an interview with CNBC Friday, September 14.
Gonzalez has claimed that the world is going through "an incredible digital revolution" which will eventually lead to a new world order. However, the BBVA executive has also stressed that there are "ripple effects" that must be understood. He further explained the risks of digital technologies:
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