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The ECB’s Panetta deems a digital euro crucial to make sure the dominance of central financial institution cash

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ECB board member Fabio Panetta mentioned a digital euro was wanted as individuals are more and more turning to digital currencies and there’s a risk that money will someday run out. Panetta, who leads the ECB central financial institution’s digital foreign money challenge, mentioned in an interview with Les Echos that in such a situation, … Read more

New E-book Reveals the Function of Central Banks within the Libor and Euribor Stage Rigging Scandal

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In response to an excerpt from a ebook titled “Rigged,” international central banks and coverage makers helped coordinate the Libor and Euribor rate-rigging scandals on a big scale. Written by Andy Verity, this ebook describes how varied central banks and politicians put stress on banks through the Nice Monetary Disaster (GFC). This coordinated effort sheds … Read more