Riksbank Governor Wants to Minimize Bitcoin in Financial Sector – Bloomberg

Sweden’s central bank governor seeks to keep Bitcoin trading away from the country’s financial system, warning about potential losses after the crypto currency has reached new all-time highs.

“I want as little Bitcoin as possible in the Swedish financial system,” Erik Thedeen told reporters after a parliamentary hearing on monetary policy on Tuesday. “It’s an instrument that is impossible to value, and in practice it’s based on pure speculation.”

Source: Riksbank Governor Wants to Minimize Bitcoin in Financial Sector – Bloomberg