cryptonews
2020-11-20 14:39:22

ECB Suggests that Losing CBDC Race Could Have ‘Spillover’ Consequences

The race to become the first major global economy to issue a central bank digital currency (CBDC) has just intensified – with the European Central Bank (ECB) seemingly admitting that when it comes to CBDC launches, it may pay to be first.These were the findings of a new paper authored by Massimo Minesso Ferrari, an economist in the ECB’s International Policy Analysis

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer