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Bitcoin Won't Cause Lehman-Style Meltdown, Says MAS Fintech Chief
- Safi Bello
- Jan 26, 2018
- 1 min read
Coindesk ---------- The fintech chief at the Monetary Authority of Singapore (MAS), the country's de facto central bank, has said that bitcoin is unlikely to cause a global financial meltdown similar to the Lehman Brothers bankruptcy in 2008. Speaking in an interview with Channel News Asia, MAS chief fintech officer Sopnendu Mohanty said that he does not foresee a bitcoin price collapse triggering a major financial crash, adding there are indications that global regulators are "getting serious" about the cryptocurrency market. To learn more click on the picture below to read the article.
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