Chief of Bank of Korea says cryptocurrencies have no intrinsic value.

Credit: Original article published by Coinnounce.

Cryptocurrencies such as Bitcoin have no intrinsic value, and their price swings are expected to experience greater volatility, the head of the Bank of Korea (BOK) said Tuesday. “There is no intrinsic value in crypto assets,” BOK Gov. Lee Ju-yeol told lawmakers. Asked by a lawmaker about whether a recent surge in the price of […]

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