According to Reuters ' report dated May 14, ECB board member Yves Mersch stressed that banks must "segregate" their commercial transactions with crypto money from other transactions. Mersch stated that the tokens could not be "seen as money" because the crypto market had too much ambiguity, and that those who used it,...

S&P shows no concern over the collapse of Cryptocurrencies The widespread popularity of the cryptocurrencies over the past year has raised eyebrows over the inherent risk in these financial instruments. However, credit ratings agency S&P is of the view that the breakdown in the cryptocurrencies will...