Nobel laureate in economics Joseph Stiglitz calls for a ban on cryptocurrencies

Nobel laureate in economics Joseph Stiglitz calls for a ban on cryptocurrencies

The Nobel Prize in Economics Joseph Stiglitz advocated this Friday for ban cryptocurrencies with the argument that they facilitate large-scale black money laundering.

“Closure them,” said the American economist in statements to the German weekly “Der Spiegel” in relation to digital currencies such as bitcoin and noted that the ban could be introduced in the point of the chain in which the cryptocurrenciess are changed to normal money.

(Read: Cryptocurrency crisis: effects on countries that have adopted them).

For years, institutions have been striving to make the financial markets, plot. The fact that cryptocurrencies are digital does not make this requirement any less imperative, Stigliz added.

Right now there are two big holes that we have to close, cryptocurrencies and real estate“, affirmed the Nobel laureate in Economics in reference to the fight against money laundering in the United States, a country that continues to be a center of money laundering. He partially attributed the responsibility for the problems in the real estate field to former President Donald Trump, of whom he affirmed that “He was known as a whitewasher and he got rich that way.”

EFE

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