Digital currencies will need to win trust

A lot of central banks have launched their own digital currencies, especially after the Facebook currency ‘Libra’ gained great attention even before its launch. It’s another matter that it was postponed due to the strict requirements imposed by the US administration.Washington believes the launch of digital currencies, especially Libra, will cause the US to gradually lose its dominance and management of global stocks and money markets, as well as central bank issued currencies.The US is not the only country worried about Facebook and other organisations’ issuance of digital currencies. All cou…

Read More