The rise of cryptocurrencies is a serious issue for governments. As yet, there is no clear model to protect national currencies in this strange, new, decentralised world.
The rise of cryptocurrencies is a serious issue for governments. As yet, there is no clear model to protect national currencies in this strange, new, decentralised world
Despite the fluctuating value of Crypto-currencies like Bitcoin & Ether China has forged ahead and developed the world’s first Central Bank Digital Currency with the Digital Yuan.
Norwood founder, Hussain Al Alawi, recently gave his thoughts about the security concerns for traditional currencies and the economies to Arabian Business.
And as a proud Bahraini, I want to see my nation reassert its pioneering spirit in finance and commit to exploration and investment either in its own CBDC or as a partner in Aber with its trusted neighbours.
Hussain Al Alawi
