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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto

September 06, 2019 ,

Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra. This was revealed by the chairman of the governing board of the Swiss National Bank, Thomas J. Jordan, in a speech […]

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