A former Federal Reserve Chairman Alan Greenspan was speaking against the issuance of digital currencies. He detailed that there is no point for them to do it, coming in the wake of Facebook’s Libra plans. Alan Greenspan former chairman for the U.S. Federal Reserve said there’s no point for them to do it in terms of central banks issuing digital currencies. Greenspan said that national currencies are backed up by sovereign credit, something no other organization can offer. He said: The fundamental sovereign credit of the United States is far in excess of anything Facebook can imagine. His comments come on the back of a few central banks globally moving ahead with issuing their own digital currencies or planning to do so. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/JPY technical analysis: Greenback erasing intrading gains, nearing the 109.00 handle FX Street 3 years A former Federal Reserve Chairman Alan Greenspan was speaking against the issuance of digital currencies. He detailed that there is no point for them to do it, coming in the wake of Facebook's Libra plans. Alan Greenspan former chairman for the U.S. Federal Reserve said there's no point for them to do it in terms of central banks issuing digital currencies. Greenspan said that national currencies are backed up by sovereign credit, something no other organization can offer. He said: The fundamental sovereign credit of the United States is far in excess of anything Facebook can imagine. His… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
