Intesa Chairman: I see no other use of cryptocurrency, except for speculation

The chairman of the board of directors of the Italian bank Intesa Antonio Fallico has passed a remark on cryptocurrency and blockchain, preferring to develop the latter and refusing to make plans and work with cryptocurrencies.

“Are regulators ready to change their paradigm and move to a decentralized management model, recognize cryptocurrencies as a financial asset or a means of payment? My answer is rather negative,” he said in an interview with the Russian media Bankir…

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