JP Morgan, the American Banking giant has warned against the hasty implementation of Central Bank Digital Currencies (CBDC). The bank said the creation of a new CBDC based retail loan and payments channels must not come at the cost of the existing financial system. Hasty implementation of the CBDCs in the retail market could “cannibalize” The post JP Morgan Warns Hasty CBDC Implementation Could “Cannibalize” Financial System appeared first on Coingape.
