Top-5 Crypto Performers: LEO, LINK. MIOTA, XRP, XTZ
Cointelegraph
Published Sep 29, 2019 01:37PM ET
Updated Sep 29, 2019 02:01PM ET
Top-5 Crypto Performers: LEO, LINK. MIOTA, XRP, XTZ
Chinese fintech stocks have surged this year on hopes that the launch of a digital currency by the People’s Bank of China will increase demand for security and payment services. Morgan Creek Digital co-founder Anthony Pompliano said that if the digital yuan becomes a reality, it might threaten the dollar’s reign as the global reserve currency. However, he said that even if central banks issue their own digital currencies, people were likely to opt for a currency which cannot be manipulated, seized or censored.
European Central Bank (ECB) president Mario Draghi has said that the central bank is closely watching developments in the cryptocurrency industry, but has found little value in stablecoins and crypto assets. However, with rapid developments in the crypto industry, he said that the ECB might change its view in the future.
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Written By: Cointelegraph
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