Jonny Fry Posted

How close are we to a Digital Euro?

2 min video, are we soon to see a CBDC — Digital Euro?

5 of Europe’s leading economies have called for a ban on stablecoins being used in the private sector until there is some form of regulatory oversight.

These calls are being expressed under the pretence to protect consumers and over fears of money laundering however it is a digital currency may well seriously dent sovereign states ability to manipulate and control their economies.

Given almost Zero interest rates governments have lost a key monetary tool perversely digital currencies could provide them with another lever to control monetary...