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2019-11-06 05:01:54

EU Might Issue Digital Currency In Response to Libra

The European Central Bank (ECB) might issue a public digital currency, Reuters reported on Tuesday, citing a draft document. The move is meant to counteract the influence of Libra, the upcoming stable coin developed by Facebook. EU to Ban High-Risk Crypto Projects According to a draft text prepared by the Finnish EU presidency, the European Union might create a common regulatory framework aimed at cryptocurrencies and even ban projects regarded as “high-risk.” The first candidateRead MoreThe post EU Might Issue Digital Currency In Response to Libra appeared first on Bitcoinist.com.