NZ Reserve Bank Governor Chastises Stablecoins as the Biggest Misnomers
New Zealand Central Bank Governor Andrian Orr has joined the leading crypto critics like US Senate Elizabeth Warren, disregarding digital currencies, especially stablecoins, as a fiat equivalent. According to a recent Bloomberg report, the governor has chastised stablecoins as “the biggest misnomers” and “oxymorons.” The Reserve Bank Governor also commented on the futility of Bitcoin...