Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC.
Rajan called bitcoin a “speculative asset” while Libra has been designed for transacting.
Both could have different roles to play when central banks begin to issue digital currencies.
Continue read: https://www.cnbc.com/2020/08/20/central-bank-digital-currencies-bitcoin-libra-could-play-a-role.html
