`Central Bank Digital Currencies Could Destabilize the Global Economy´ Says Bank for International Settlements (BIS)
(WorldNews Germany)

While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements (BIS) is concerned about the repercussions of going digital. A cashless society is definitely the way of the future, a future that some governments and banks are trying to be a part of. Central bank digital currencies (CBDCs) may be an abomination of decentralized cryptocurrencies, but it is happening. Sweden´s Riksbank is hoping to offer its e-Krona and the Bank of England has a cryptocurrency unit to help it along its virtual currency journey. The world`s top central bank has said that the creation of...