Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan

The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […]

The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets

Source: https://www.ccn.com/crypto/central-bank-crypto-damage-economies-warns-bank-of-japan/2019/07/05/

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