BIS to back a Digital Central Bank (CBDCs)!
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It's funny how they say that they don't want the "Tech" companies to have "CONTROL!", but they want "All the CONTROL" for themselves. " LONDON, June 23 (Reuters) – The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), saying they are needed to modernise finance and ensure 'Big Tech' does not take control of money. " " Without CBDCs, digital money would become increasingly dominated by big tech firms " " uthorities will have to decide whether citizens need digital IDs to use CBDCs " " One reason being that it would prevent people using digital currencies from countries other than their own such as the safe-haven dollar. " https://www.reuters.com/business/central-bank-digital-currencies-get-full-bis-backing-2021-06-23/ Coming to a crypto exchange near you! submitted by /u/Cultural_Traffic_321 |
