American venture capitalist Tim Draper is urging entrepreneurs to prepare for the possible collapse of new banks as a result of government money printing and interest rate hikes.
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Japan Minister of Finances and Deputy Prime Minister Taro Aso called on journalists to stop using the term "virtual currencies" and opt for "crypto assets".
Taro Aso gave a speech at a press conference after the government meeting. The full transcript of questions and answers dated March 26 was published by the Japan Financial Services Agency (FSA) on April 25th, along with an English translation.
The head of the International Monetary Fund (IMF), Christine Lagarde, spoke optimistically about the cryptocurrency, saying that they "do not pose an immediate danger," and their regulation is appropriate "in a balanced manner."