Alibaba’s Jack Ma praises the disruptive nature of Cointelegraph’s digital currencies


Alibaba’s Jack Ma praises the disruptive nature of digital currencies

Jack Ma, the now retired founder of Alibaba (NYSE 🙂 Group, recently spoke to a crowd of bankers and regulators at the Shanghai Bund Summit about the role digital currencies are likely to play in the future global financial system:

He said that the current financial system governed by the Basel Accords is too conservative and does not fit the growth of the Chinese economy:

Read on on Coin Telegraph

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