#Crypto Assets Could Reduce Demand for Central Bank Money: IMF Director

in #cryptocurrency6 years ago

The role of cryptocurrencies in the evolution of money remains a valid debate which has lingered for the best part of the last decade. How the emergence of digital assets will affect the existing monetary system that is upheld by central banks is a subject that is attracting a lot of attention.

Images from Shutterstock

Cryptocurrencies represent digital means of transaction in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank...Click here to know the details story


Iyke Aru

Please visit my blog: @wilson76

Coin Marketplace

STEEM 0.27
TRX 0.11
JST 0.034
BTC 44116.57
ETH 2355.55
USDT 1.00
SBD 5.23