Saturday, October 14, 2017

Citibank Chief Economist Says Cryptocurrency Trading is "Cute"

"ICOs and cryptocurrencies are just regulatory arbitrage," says Willem Buiter, global chief economist at Citi in New York. "It's cute. But the regulators are catching up to it now."

He made the comment after the Russian Central Bank has come down at least twice in the last month on all cryptocurrencies, prohibiting there trading.


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