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State-Issued Cryptocurrencies Could 'Revolutionize' Role Of Central Banks, Says BIS

Retrieved on: 2018-03-13 06:41:15

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<div>The “bank for central banks” has released a paper on the possible impact of state-issued <b>cryptocurrencies</b>, as well as arguments for and against the introduction of such monetary instruments. Pros include easier AML compliance, while cons include threats to commercial banks' business models.</div>

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