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Central banks would threaten the global financial system if they issued their own cryptocurrencies

A new report from the Bank for International Settlements questions the viability of central bank issued cryptocurrencies. “The introduction of a central bank digital currency (CBDC) would raise fundamental issues that go far beyond payment systems and monetary policy transmission and implementation,” the BIS said. Cryptocurrencies have entered the consciousness […]
Central banks would threaten the global financial system if they issued their own cryptocurrencies