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-Former ASIC chair welcomes new cryptocurrency payment systems

Jun 21, 2019 - Global Banking News

Global Banking News - 21 June 2019

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He said that central banks may issue their own digital versions of fiat money to counter private cryptocurrencies.

Medcraft, head of financial affairs at the Organisation for Economic Co-operation and Development in Paris, said such issuances pave the way for central-bank-issued cryptocurrencies. He also called on policymakers to work collaboratively with technology companies and banks to us...