Tag Archives: hurt

Moody’s: Bitcoin Volatility (Likely) Won’t Hurt CME’s Risk Rating

Credit rating service Moody’s said Wednesday that it doesn’t believe the launch of bitcoin futures will hurt the creditworthiness of either CME or Cboe. Moody’s published the report earlier today, a move that comes nearly two months after the exchanges first moved to list the derivative products. The 11-page release argues that the combination of risk […]

Cryptocurrency speculation could hurt innovation: MAS fintech exec

Speculative cryptocurrency investors are negatively impacting on experimentation with the nascent technology, an executive at Singapore’s central bank said Monday. Sopnendu Mohanty, chief fintech officer of the Monetary Authority of Singapore (MAS), told CNBC that he did not want speculative investing in the digital currency space to “destroy the experimental value of cryptocurrency.” MAS is […]

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