Adopt cryptocurrency, urges government summit in Dubai ...United Arab Emirates

News by : (Khaleej Times) -
Dubai: Experts at the World Government Summit Dialogues here on Tuesday discussed how cryptocurrency could be the greatest wealth trend in the world today and explained how prosperity and the future are anchored on digital economy. Brock Pierce, founder of Blockchain Capital and IGE, said governments should come on board in shaping the regulatory environment for digital currencies. He noted: “What’s imperative is that we make sensible decisions when we are passing regulations, because the world is changing and we don’t want to be left behind because of a decision made in haste.” He added: “Nearly half of the world’s billionaires now have made their money in crypto. As we live through what c

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