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Category: Riksbank
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Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot
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Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot
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‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that don’t address the root causes of currency devaluation. Nor do they […]
The post ‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate appeared first on Bitcoin News.
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Switzerland Formally Considers State Backed Cryptocurrency
Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.” Also read: Alec Baldwin’s Lambo Movie Backed by Crypto Tech Switzerland Considers State Backed E-Franc Switzerland’s Federal Council explained why it was asking for a formal […]
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World’s Central Bank: Crypto Could Risk Bank Runs
How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, […]
The post World’s Central Bank: Crypto Could Risk Bank Runs appeared first on Bitcoin News.
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