European Central Bank (ECB) does not ignore cryptocurrencies. Benoît Cœuré (Bönua Köğe) central bank’s one of the executive board members explained that the ECB closely follows the development of the crypto currency, because some countries are now moving from using physical accounts and coins to creating their own crypto currency, so the ECB can not ignore its spread. Cœuré also noted that he does not think the widespread use of the crypto currency is the risk for the existence of banks or the traditional currency, Euro.
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