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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

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A stablecoin sitting high and mighty

A stablecoin sitting high and mightyThe Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. CBDCs Might Be Superior

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