German Finance Minister Olaf Schulz on Friday stepped up his criticism of Facebook plans
Speaking to reporters at the fall meetings of the International Monetary Fund and the World Bank in Washington, Schulz noted growing concern about these "stable currencies" and the potential international risks they pose.
Stable currencies are called cryptocurrencies designed to reduce volatility in the price of stable currencies, which are supported by assets such as conventional cash deposits, short-term government securities or gold.
The German official said: "I strongly doubt" foi adicionado em: I do not support the success in the establishment of such a global currency because this is the responsibility of the countries of the democrats.
The Group of Seven rich nations on Thursday issued a new report on the grounds that it was not
A working group of the Group of Seven: "stable currencies" could threaten the global monetary system and financial stability, as the emerging technology is still currently uncensored.
At the same time, Schulz said: "It is clear that some changes are needed in the financial sector." "There is a need for reform," he said, noting that cross-border payments are taking place
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