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Central Bank Of Ireland Governor Urges Policy Action To Combat “Crypto Ponzi”

By Edyme at 2026-05-05 20:50

Sentiment: Negative

According to Bloomberg, the Governor of the Central Bank of Ireland, Gabriel Makhlouf, has raised concerns about the potential risks associated with unbacked cryptocurrencies, which are more akin to a “Ponzi scheme” than an investment and pose risks to investors, according to the Governor. Makhlouf stressed the importance of urgent policy action to address these […] Continue reading...

Categories: Crypto News

Tags: #Crypto News #central bank #crypto #Ireland #MiCA

Source Bitcoinist