Recently, the European Central Bank (ECB) published a discussion paper outlining the advantages, disadvantages, and economies deploying central bank digital currency (CBDC). According to ECB, the government-powered digital currencies could help reduce the dominance of Big Financial technology firms due to “network externalities” in the use of an exchange medium. It reads: “CBDC may be […]The post ECB believes CBDCs could fight market dominance from big technology giants appeared first on Blockchain, Crypto and Stock News.
