Crypto News 

Facebook’s libra coin a catalyst for reform, Swedish central bank chief says

“Facebook’s proposed cryptocurrency libra has served as an incentive for global central banks to reform and reflect the digital age, the head of Sweden’s central bank has said” writes Ryan Browne for cnbc.com. Other central banks have ramped up their efforts in the digital currency space since Facebook announced plans for its libra coin back in June. China’s central bank for instance has said it is close to launching its own digital currency, while the Swiss National Bank last week said it was exploring the use of virtual currencies in trading.The Riksbank has been exploring the potential issuance of digital currencies as cash use in Sweden declines dramatically.The Riksbank is now looking to pilot the so-called “e-krona” currency this year, which it says could be introduced should the bank “wish to do so.”.
 
Source: cnbc.com



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