/Caveat cryptor: Investors and regulators wary of cryptocurrency

Caveat cryptor: Investors and regulators wary of cryptocurrency



Using cryptocurrency allows the foundation to conduct business across borders without the headaches of financial intermediaries and exchange rates, Allen said. “Now that makes total sense,” he said. “But to get into primary [U.S.] consumer markets, coins are going to have to be convertible into dollars.

Source: Caveat cryptor: Investors and regulators wary of cryptocurrency