The Association of German Banks “Bankenverband,” released a position paper titled, “German banks say: The economy needs a programmable digital euro!” on October 30, 2019, which calls for the creation of a government-approved digital euro and rejection of decentralized cryptocurrencies. The Association has made eleven observations about what must be done to ensure the banking …The post German Banks Make a Pitch for Government-backed Crypto-based Digital Euro appeared first on CryptoNewsZ.