Re: Central Bank of Crypto-Currency

Quote from: GymClassHeroes on August 30, 2018, 10:56:49 PM

Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC.
Are these really positive news for the crypto-market?

https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency

Of course it will be a positive news in favor of Crypto world in which the bank and the crypro are working together towards prosperity. The best news regarding banking system supporting crypto currency is JP Morgan in which they will fully adapt Bitcoin and the blockchain technology therefore with these development the future of Crypto currency is more secured.