Central Bank Crypto Still 10 Years Away, Says Former ECB Vice President

Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from over 50 central banks. However, he did predict that digital payments between commercial banks will happen fairly soon, according to an article on FT.com. Interest, But ‘Clear Hesitation’ Noyer stated that the decline in cash usage, along with the rise of private cryptocurrencies such as Facebook’s Libra, had spurredRead More The post appeared first on Bitcoinist.com.