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

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

The current conservative international financial system doesn’t suit young people or young economies, says Ma. Jack Ma, the now-retired founder of Alibaba Group, recently spoke to a crowd of bankers and regulators at the Bund Summit in Shanghai about the role digital currencies will likely play in the future global financial system: “Digital currency could create value and we should think about how to establish a new type of financial system through digital currency.”








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