Coinnounce
2021-01-09 14:37:29

Swedish bankers fear for deposit base as the CBDC’s plans develop.

According to the Reuters reports, commercial banks in the country are considering whether the rollout of the e-krona could undermine their role in the financial system, effectively removing banks as a middle man between consumers and the central Riksbank. Noting the more attractive interest rates and consumer protections, Masih Yazdi, the chief financial officer of Swedish […]

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