Gov’t-Issued Digital Currencies Threaten Financial Stability, Says Swiss Central Banker

in #bitcoin6 years ago


According to the Swiss National Bank's Managing Director (BNS), Central Banks of Private Cropcountands (CBDC) have advantages over digital currencies, on Sunday, 8 April, Contegraph Duf said.

The member of the SNB Board told a viewer in Zurich that digital currency in the private sector is better and less risky than the national versions. In addition, he said that the cryptocourrency issued by the government could increase the risk of "bank run" SOURCE https://cointelegraph.com/news/govt-issued-digital-currencies-threaten-financial-stability-says-swiss-central-banker

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