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German Central Bank Chief Pours Cold Water on Digital Currencies

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By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs. The president of Germany’s central bank said, in a speech in Frankfurt, Germany, that widespread use of digital central bank money could have “serious consequences.” CBDCs have become a popular topic recently. Lithuania’s central bank, Governor Vitas Vasiliauskas recently talked up the viability of CBDCs to the Bank of International Settlements (BIS). The sentiment from the BIS, Vasiliauskas, and Weidmann is that there is merit in digital tokens; however, they condemn

The post German Central Bank Chief Pours Cold Water on Digital Currencies appeared first on CCN Markets

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Bitcoin And Other Crypto Can Accelerate Adoption By Tweaking A Few Things

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Crypto is the future of money and financial transactions, and making it easier to use is only a few small changes away.

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Cryptocurrency ATMs Market: Qualitative Analysis of the Leading Players and Competitive Industry …

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The research report on Cryptocurrency ATMs market aims to impart an in-depth understanding of the growth prospects of this industry vertical over the …

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Japan Is Seriously Considering a Digital Yen: Report

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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