Fedcoin? Central banks may need 'digital alternative to cash,' global financial watchdog says #cryptocurrency #bitcoin

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Fedcoin? Central banks may need 'digital alternative to cash,' global financial watchdog says

Bradley Boner | Bloomberg | Getty Images Central banks may one day need to issue their own cryptocurrencies, the Bank for International Settlements, or BIS, said in its latest quarterly review. "Whether or not a central bank should provide a digital alternative to cash is most pressing in countries, such as Sweden, where cash usage is rapidly declining," the Sunday report said.

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