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Warnings of dealing with «Petequin» despite achieving gains
09/12/2017 12:00 am [rtl]As it could harm the financial system on suspicion of money laundering Baghdad / follow - Mustafa al - Hashemi The insane rise in the value of the digital currency of the digital home after the dramatic decline led to strong warnings from currency trading counted by financial officials in Iraq and the United States are dangerous to the banking system, a tool for cheating. Bitcoin is an electronic currency that can be compared to other currencies, such as the dollar or the euro, but with several fundamental differences, most notably that it is fully electronic and traded on the Internet only in global markets without a physical presence. The Central Bank of Iraq decided earlier to prevent all local banks authorized to deal with the currency of the (Petequin) because it was not issued by a central bank in addition to containing the suspicion of money laundering, and warned of the penalties that will be taken against those who deal with and subjected to legal accountability. For its part, the US Federal Reserve warned of the currency of the Betquin and other digital currencies, saying it could jeopardize the integrity of the financial system. Randall Quarles, the federal governor in charge of financial regulation, said in a speech in Cleveland that the widespread use of coded currencies could create a major challenge in the crisis because of lack of central bank support. His remarks came after the price of the home fell dramatically, falling more than 25 percent of its value in less than 24 hours after reaching its highest levels ever. "While these digital currencies may not pose major concerns over their current levels of use, the expansion of their use may pose a serious risk to the financial system." "Without the support of the assets of the central bank and institutions, it is not clear how a special digital currency will operate at the center of a large-scale payment system, or whether the payment system will be able to operate, at times of pressure." Goldman Sachs CEO Lloyd Blankfein joined the Betcuen warners, telling Bloomberg: "The thing that moves 20 percent at once is not a currency, but a means of cheating." In recent weeks, the price of PeteCone has rocketed to an all-time high of $ 11,000 on Wednesday night before falling to nearly $ 9000, rising again at $ 15,000 during the weekend, after sharp losses recorded by the monthly currency months . According to the Encyclopedia (Wikipedia), Betcuain differs from traditional currencies with no central regulatory body behind them, but can be used as any other currency to buy online or even converted into traditional currencies. The pace of official warnings and other analysts and investors have begun to accelerate recently on the seriousness of electronic currency and the fact that it is witnessing a bubble may explode soon, leaving severe losses to investors. The combined market capitalization of electronic currencies was about $ 333.2 billion, compared to only $ 276.5 billion recently, compared to a record $ 345.7 billion on 29 November. In terms of the rest of the electronic currency, the second largest electronic currency, "Ethrium" rose by 8.6 percent, and "KFH" increased by 11.6 percent to 1488 dollars, and increased "Rabil" by 5.2 percent to $ 0.277.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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