Skepticism Grows in Big Tech Issuing Digital Currency

According to a new poll for the Official Monetary and Financial Institutions Forum there is growing skepticism that big tech would be best top issue digital currency; net confidence was lowest in big tech companies and highest in central banks; the views differed across the 13 countries with emerging markets respondents being more agnostic as who issues the digital currency and EU countries being most adverse to big tech issuance; awareness of digital currencies was a theme throughout the survey as central banks grapple with a knowledge gap; “The advent of Libra has completely changed what was a theoretical backroom game into something more urgent?.?.?.?The debate has been propelled from the guys with green biros in the back office right up into the boardroom,” said Philip Middleton, the OMFIF’s Deputy Chairman, to the FT. Financial Times

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]