14/03/18

‘Central Bank Digital Currencies Could Destabilize the Global Economy’ Says Bank for International Settlements (BIS)



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'Central Bank Digital Currencies Could Destabilize the Global Economy' Says Bank for International Settlements (BIS)
// Bitcoinist.com

While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements (BIS) is concerned about the repercussions of going digital.


A cashless society is definitely the way of the future, a future that some governments and banks are trying to be a part of. Central bank digital currencies (CBDCs) may be an abomination of decentralized cryptocurrencies, but it is happening.

Sweden's Riksbank is hoping to offer its e-Krona and the Bank of England has a cryptocurrency unit to help it along its ....

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