Harry Clinton warns cryptocurrencies can undermine the role of dollar, will destabilize nations

Former US Secretary of State Hilary Clinton warned that cryptocurrencies have the potential for undermining the roll of dollar, and for destabilizing nations. She said on Friday during a virtual appearance at the Bloomberg New Economy Forum in Singapore.

Clinton said China appears poised to prevent payment systems such as cryptocurrency from in the nation because “they recognize, given their nationalism, perhaps earlier than other nations … that this could be a direct threat to sovereignty.

“When we’re talking about making decisions and trying to be strategic and building alliances, there’s a whole new layer of activity that could be extremely destabilizing and,