Consortium of Banks Plans To Invest Nearly ‘$50 million’ In Ambitious ‘Digital Cash System’
This time, banks have taken the central banks and regulators on board to ensure that their digital cash has an equivalent value with fiat currency.
This time, banks have taken the central banks and regulators on board to ensure that their digital cash has an equivalent value with fiat currency.
Carney thinks that pushing crypto-currency for the public use by central banks could risk “financial stability”.