EU Report Says that Central Banks Are Likely Safe from Cryptocurrency

[kreslik.news]

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has released a 30-page report on cryptocurrency entitled “Virtual currencies and central banks monetary policy: challenges ahead”. It concludes that cryptocurrency is unlikely to take the place of fiat currency, even in the long term.

ECON is the body to which the European Central Bank is accountable. It is currently chaired by Roberto Gualtieri of Italy.

[url=https://simplefx.com/dashboard/?utm_source=financemagnates.com&utm_medium=pr26062018&utm_content=SFX&utm_campaign=FXmedia]Time to buy the dip?[/url]

The report was written by Marek Dabrowski and Lukasz Janikowski of the Center for Social and Economic Research, which is a non-profit research institution in Warsaw.

Bitcoin experiment survived

The paper begins ... (read more)