Mark Carney Bombshell, XRP Volume, Ripple Beats SWIFT on price, SBIVC Trade

A central bank-supported digital currency could replace the dollar as the global hedge currency, said Bank of England governor Mark Carney.

Speaking at the Economic Policy Symposium in Jackson Hole, Wyoming, on Friday Carney discussed the need for a new international monetary and financial system (IMFS), noting that while the U.S. dollar has played a dominant role in the world order over much the past century, recent developments such as increased globalization and trade disputes may have stronger impacts on national economies at the present moment than they would have in the past.

Banco Santander accelerates digital transformation and platform strategy to drive growth and higher returns

The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency called “Learning Coin” to better understand the emerging technology.

The Washington-based multinational agencies stressed that “Learning Coin” will be inaccessible outside the World Bank and the IMF and have no monetary value whatsoever, and is therefore not a real cryptocurrency, like bitcoin.

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Mark Carney Bombshell, XRP Volume, Ripple Beats SWIFT on price, SBIVC Trade

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