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Sources: Chinese Exchanges' Bank Accounts Closed - April 10, 2014 Bitcoin value: $408. This work can help define how new technologies can change the global financial ecosystem of today and ensure that central banks are adequately prepared.” However, Mersch remarked that the tech “is not ready for mass adoption”, adding that at present that the ECB’s technical and security requirements would prohibit integration today.
The Riksbank is planning to begin discussions of an electronic currency issued by the central bank to which "is not to replace cash, but to act as complement to it."[57] Deputy Governor Cecilia Skingsley states that cash will continue to spiral out of use in Sweden, and while it is currently fairly easy to get cash in Sweden, it is often very difficult to deposit it into bank accounts, especially in rural areas. Since cryptocurrencies are very hyped up currently, most people investing in these things are not very sophisticated. It's time to finally stop worrying about making money on the internet.
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