Citi CEO: bitcoin threat will contribute to the national issue of digital currency

Citi CEO: bitcoin threat will contribute to the national issue of digital currency

   

Citigroup (Citigroup) CEOMichaelCorbat forecast bitcoin threat will contribute to obtain digital currency state support.

At a summit in New York, told Bloomberg Corbat said, “true enough crypto currency caused threats to the financial system, the government will not despise around data, money laundering and tax, to understand customer needs (KYC) the ability of subversion.

“We are likely to see the government into digital currency, but not encrypted currency, I think money is not good encryption nickname”.

Despite encouraging people to try to use encryption currency, Corbat said, “very poor” encryption currency bottom block chain technology “has the potential, should not be ignored.

Citi has been exploring the issue of encryption currency citicoin, to inhibit the friction of cross-border foreign exchange transactions. With the cooperation of the NASDAQ private equity transactions with blockchain technology.

The Corbat statement issued recently, Goldman (GoldmanSachs) CEOLloydBlankfein says his bitcoin “uncomfortable”, but face the potential.

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