Analyses | Public administration and legal system | 2018-03-29 | HKET

Can sovereign cryptocurrency save the world from financial apocalypse?



Some regulators have raised concerns about the speculative investments in virtual currencies, triggering them to introduce different risk control measures. Several governments, however, take them as remedies for economic crises and decide to issue their own cryptocurrencies. The Swedish central bank even foresees the potential of sovereign cryptocurrency in helping the government diversify the risk of payment systems in a cash-free society.

The full version of the commentary is in Chinese only.