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Learning & News => News related to Crypto => Topic started by: newshunter on December 09, 2019, 07:01:04 AM

Title: Bank for International Settlements Exec Shows New Fondness for CBDCs
Post by: newshunter on December 09, 2019, 07:01:04 AM

Bank for International Settlements Exec Shows New Fondness for CBDCs

A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities

Source: Bank for International Settlements Exec Shows New Fondness for CBDCs (https://cointelegraph.com/news/bank-for-international-settlements-exec-shows-new-fondness-for-cbdcs)

Would appreciate your opinion about this

Title: Re: Bank for International Settlements Exec Shows New Fondness for CBDCs
Post by: Noverteno on December 09, 2019, 06:18:17 PM

Zuckerberg, with its global stable coin Libra, pushed large states to create national stable coins. They realized that they could stay away from new financial opportunities and, most importantly, not get part of their pie in the form of good profits. Therefore, China, the United States and even India have already announced the creation of their stable coins. They will surely be followed by other states. This can seriously change financial relationships at all possible levels. Stable coins combine the benefits of conventional currencies and cryptocurrencies. It seems that we are really on the verge of big changes in financial calculations.