"E-currency News"Banks need to compete with electronic currencies"

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In light of the attack on electronic currencies
And fear of many People from it and the impact on banks
And its involvement in money laundering and drug trafficking
An official with the International Monetary Fund said banks should
To create their own currency to avoid competing electronic currencies
As well as establishing their own banks so that they can be traded in legitimate ways
The tightening of regulatory restrictions could provide a boost to central banks,

he said. Government
authorities should regulate the use of digital currency
assets to prevent money laundering and terrorist
financing, promote consumer protection and impose taxes on confidential transactions.
Source
Bitcoin and banks