Italian minister reveals that central banks intend to issue crypto-coins

Some central banks are analyzing and even considering issuing their own crypto-coins to prevent "bubbles" from blowing up and damaging the market, "Padoan said at an event sponsored by Europe's largest utility Enel.

The minister's remark came at a time when interest in crypto-coins, in particular bitcoin, is relatively high, after the record price at the end of last year. However, as the price of most currencies, including bitcoin, continues to depreciate since the beginning of 2018, a kind of discomfort has arisen among enthusiasts.

Especially considering that many analysts had already pointed out that the wild race for bitcoin was just a bubble that would explode sooner or later, leading to a spectacular crash in the crypto-sedan market.

Central banks and especially large investors, most of whom are connected to banks, see in the crypto-currencies an opportunity to take advantage of the great attention that this market is attracting. With the growth of criptomoedas the bankers totally lose control of the financial system, after all the coins are decentralized. No wonder they want to create their own crypto-coins.

Tags: #cryptocurrency #italy #bitcoin #centralbank #money
Author: Portal do Bitcoin