UBS Chairman Weber Says He's 'Skeptical' on Cryptocurrencies

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of blockchain technology in trade finance?
Improving transaction speed
Enhancing customer experience
Ensuring data security
Facilitating distributed ledgers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there skepticism about cryptocurrencies according to the speaker?
They are difficult to understand
They enable anonymous transactions
They are too volatile
They lack government backing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical financial tool does the speaker compare cryptocurrencies to?
Gold coins
Stock certificates
Credit cards
Large denomination banknotes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is essential for the survival of cryptocurrencies according to the speaker?
KYC and AML procedures
Government regulation
High market value
Widespread adoption
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the government's stance on anonymous financial transactions?
They work hard to prevent it
They support it for innovation
They are indifferent
They encourage it for privacy
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