News

The World Gold Council Says Cryptocurrency "Is Not A Substitute For Gold"

Liang CHE

Summary: According to coindesk.com, the World Gold Council, the market development organization for the gold industry, released a report last month saying that gold is "very different" from cryptocurrency. According to the association, gold has little volatility, is highly liquid in the market, and can be traded in a regulated environment. The association said that the ...

According to coindesk.com, the World Gold Council, the market development organization for the gold industry, released a report last month saying that gold is "very different" from cryptocurrency. According to the association, gold has little volatility, is highly liquid in the market, and can be traded in a regulated environment. The association said that the price of bitcoin is "very unstable", so it is not a good currency.

Last Update:

Tags: ,
Link: The World Gold Council Says Cryptocurrency "Is Not A Substitute For Gold"   [Copy]
Next:

Related Articles

  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 3 hours ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 2 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 5 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 6 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 7 days ago

    • You need to login to comment.