SEC Chairman: Flaws in Modern Payments Boost Bitcoin – pymnts.com

SEC Chairman: Flaws in Modern Payments Boost Bitcoin – pymnts.com

Clayton, speaking on CNBC, said Bitcoin’s popularity stems from this disappointment with traditional payments. “What we are seeing is that our current payment mechanisms at the national and international levels are inefficient. These inefficiencies are the factors that are driving the rise of bitcoin,” he said, according to the report. He rebuked a suggestion by […]

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