Libra Is a Wakeup Call for Central Banks, US Consumers Highly Willing to Use Blockchain Tokens and Bitcoin Hovers Around 8.400 USD

Crypto2Cash
2 min readSep 26, 2019

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Here is your daily overview of interesting, important and market moving cryptonews.

Libra Is a Wakeup Call for Central Banks

A member of the Executive Board of the ECB said that, because of Facebook’s huge existing user base, Libra could help to connect the 1.7 billion people who are now off the financial grid while making cross-border payments cheaper, faster and more transparant.

The banker also mentioned downsides: stablecoins like Libra could be used for money laundering and they have serious implications for monetary policy and financial stability.

US Consumers Highly Willing to Use Blockchain Tokens

63% of American consumers perceive blockchain tokens to be an easy form of payment, according to a new survey from “Big Four” auditor KPMG.

Based on the findings of its survey, KPMG has underscored its belief that blockchain infrastructure can bring significant strategic business value to commerce.

With transparency, immutability and reduced friction broadly recognized as being key advantages of blockchain, there appears to be a high level of consumer receptivity to its innovation.

Bitcoin Price Hovers Around 8.400 USD

Bitcoin dipped below 8.000 USD yesterday. After this ‘market bloodbath’, from which almost every coin suffered, Bitcoin’s is now trading around 8.400 USD.

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Crypto2Cash
Crypto2Cash

Written by Crypto2Cash

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