Battling Facebook Libra in Europe is Necessary, Says Wiedmann

Following the comments by the European Central Bank policymaker, Jens Weidmann, the ECB has no urgent needs in the creation of a digital currency at the current moment. Based on the reports of the ECB in December 2017, "Exploring anonymity in central bank digital currencies," a new report explained the primary functions of the Central Bank Digital Currency.  Its research focuses on contribution motive towards the border discussions of the ECB chains. The Accenture and R3 features presented in the…