Yesterday, The European Central Bank released a statement named, “Bitcoin not the answer to a cashless society.” They expressed that next week 20 policymakers would sit down and take a look at Bitcoin and the other cryptocurrencies as they recognize that non-cash payments have doubled, as of late. The European central bank labeled bitcoin and cryptocurrency a “mirage” but see it as an early sign of potential change.
Now the latest buzz around central banks is; should they consider issuing their own digital coin, in response? This is the current debate among the community. They have …
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