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2019-09-06 12:00:34

Libra-Like Tokens Pose Risks to Swiss National Bank’s Monetary Policy

The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board. Libra Might Impair SNB’s Monetary Policy While the discussions around Libra tailed off, the SNB chairman found it opportune to express his worries about how such a digital currency could intervene with the central bank’s potential to handleRead MoreThe post Libra-Like Tokens Pose Risks to Swiss National Bank’s Monetary Policy appeared first on Bitcoinist.com.