Nobel laureate in economics Joseph Stiglitz calls for a ban on cryptocurrencies


Published

Updated

The Nobel Prize in Economics Joseph Stiglitz advocated this Friday for banning cryptocurrencies with the argument that they facilitate the “money laundering” on a large scale.

“Closure them,” said the American economist in statements to the German weekly The mirror in relation to digital currencies such as bitcoin, noting that the ban could be introduced at the point in the chain where cryptocurrencies are exchanged for regular money.

For years the institutions strive to make financial markets more transparent“, plot.

Stiglitz asks to close cryptocurrencies and real estate

The fact that cryptocurrencies are digital does not make this requirement cease to be essential”Stigliz added.

“Right now there are two big holes that we have to close, crypto and real estate,” affirmed the Nobel Prize in Economics in reference to the fight against money laundering in the United States, a country that continues to be a center of “money laundering”.

He partially attributed the responsibility for the problems in the real estate field to former President Donald Trump, of whom he affirmed that “he was known as whitewasher and got rich that way”.


Source: Vozpópuli by www.vozpopuli.com.

*The article has been translated based on the content of Vozpópuli by www.vozpopuli.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!