The ECB’s Panetta shared a unique perspective on crypto.
his latest argument for CBDC on Jan. 5. Writing on the official ECB blog, he said that, by developing CBDCs, central banks “will safeguard the trust on which private forms of money ultimately depend.”
That observation served as a segue to an examination of the position that cryptocurrency should be left alone to “burn rather than regulate at the risk of legitimising cryptos.” But this is a strawman that is immediately taken down:
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