France S Central Bank Says Users Have More Trust In Banks Than Cryptocurrencies Wef22
Speaking during a session at the World Economic Forum on June 26, Villeroy pointed out that the shift might be due to the nature of private cryptocurrencies that he said don’t foster trust. Consequently, he noted that citizens might seek to align with products that promote trust, like central bank digital currencies (CBDC). According to the governor, cryptocurrencies are unreliable because they lack an entity that is responsible for their value....