Standard Chartered CEO: cryptocurrencies are ‘here to stay’, but likely to be overshadowed by other digital assets

Source: Tech – South China Morning PostCryptocurrencies are “here to stay” and have an important role to play in financial markets going forward, according to Standard Chartered CEO Bill Winters.However, they are likely to be surpassed in terms of growth and importance by other types of digital assets in the future, such as stablecoins, central bank digital currencies or, even, non-fungible tokens (NFTs).“I think there’s a role for non-fiat currencies, especially when parts of the market are concerned about inflation,” Winters said…Read More

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