RATE Group | EU considers launching its own version of bitcoin
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EU considers launching its own version of bitcoin

06 Nov EU considers launching its own version of bitcoin

Posted at 14:25h in Cryptocurrency News by

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The European Union is considering the development of its own digital currency that could rival Facebook’s Libra cryptocurrency.

Draft documents from the European Central bank urged the EU to come up with a consistent approach to all cryptocurrencies, which range from decentralised currencies like bitcoin, to state-backed efforts currently underway in China.

Until now, the bloc has failed to implement any…

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