Thai Buddhist temple’s digital currency raise concerns among officials
The Securities and Exchange Commission warned against investing in the temple’s currency
The Securities and Exchange Commission warned against investing in the temple’s currency
The pressing issue is that it becomes difficult for law enforcement to track crimes involving cryptocurrencies which leaves a thin chance to recover lost funds for victims
As crypto doesn’t derive its value from any underlying assets or earnings, the authorities find it unsettling.
Anand Mahindra took to Twitter to dismiss all the reports of him investing in cryptocurrencies along with a few screenshots of news reports stating that he earns millions every day through crypto investments.