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Facebook’s Libra has instigated fear of central banks losing monetary policy control

by CBDC Insider Staff
March 2, 2020
in Uncategorized
Reading Time: 1min read
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Facebook’s Libra has instigated fear of central banks losing monetary policy control
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Discussions around Facebook‘s Libra seem to have dialed down a bit lately.A recent research report had revealed that at least 18 central banks are currently developing digital currencies. In fact, China’s central bank recently filed 84 patents related to its plans to launch a digital currency – the DCEP. Following China’s lead, many other economies of the world have now joined the race to launch their own digital currencies.

Continue reading: https://eng.ambcrypto.com/facebooks-libra-has-instigated-fear-of-central-banks-losing-monetary-policy-control/

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