MP Wescot-Williams wants the Central Bank of Curacao and St. Maarten to make an urgent public statement regarding crypto currencies, legal tender and financial supervision.

March 28, 2022

PHILIPSBURG:--- “it would behoove the Central Bank of Curacao and St. Maarten (CBCS), that in the recent past cautioned against the potential pitfalls of cryptocurrencies, to inform the public of the monetary union (Curacao and St. Maarten) on its present stance on this highly technical matter. Moreover, the CBCS should be at the forefront of educating and informing the population of the union on the matter of financial digitalization and prudence, as we all are being bombarded with proposals and offers of the “magic” of digitalized systems and crypto-assets”, MP Wescot stated.

The CBCS not too long ago announced its ...

Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40009-mp-wescot-williams-wants-the-central-bank-of-curacao-and-st-maarten-to-make-an-urgent-public-statement-regarding-crypto-currencies-legal-tender-and-financial-supervision.html

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