Debate about central bank cryptocurrencies rages on

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Michelle deBoer-Jones
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The thought of a central bank cryptocurrency may seem like a bit of an oxymoron, but apparently, some countries are looking into the plausibility of creating one. If any of them ever become a reality, central bank cryptocurrencies will likely be linked to fiat currencies and be more like digital versions of them rather than true cryptocurrencies. After all, it’s hard to imagine any central bank in any country creating a digital currency that’s totally anonymous. However, that hasn’t kept regulators in some countries from discussing the topic. The great debate about central bank cryptocurrencies Morgan Stanley strategist Sheena Shah…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.