November 12, 2019

The CEO of one of Asia’s largest banks says bitcoin is a ‘Ponzi scheme’

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By Sujin Thomas, From Business Insider Singapore David Gledhill, group chief information officer at DBS, condemned bitcoin at the Singapore Fintech Festival. DBS is one of the largest banks in Asia and not the first to criticize cryptocurrency. Gledhill said bitcoin has hidden high transaction fees and should be watched.   One of Asia’s largest banks has […]