<h1>State-Issued Cryptocurrencies Could ‘Revolutionize’ Role Of Central Banks, Says BIS</h1>
Submitted by Anonymous (not verified) on Tue, 03/13/2018 - 23:43
The “bank for central banks” has released a paper on the possible impact of state-issued cryptocurrencies, as well as arguments for and against the introduction of such monetary instruments. Pros include easier AML compliance, while cons include threats to commercial banks’ business models.