Cornell University academic, Eswar Prasad, who once led the International Monetary Fund’s China team, says China is just trying to protect the Yuan by banning all crypto transactions in the country. He's on "Balance of Power."
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Francisco Gimeno - BC Analyst Interesting opinion on the latest crypto ban from China. Let's remember that this country is leading on blockchain tech, experimenting with a digital currency and there has always been the idea that on the long term crypto is a threat to fiat State currencies. Just now the crypto market is not yet big enough and it's too much speculative, but a Crypto.2 could be much different.