“A Eurozone CBDC Could Provide Business Continuity in the Event of A Cybertack on Banks or Other Payment Providers”, – WRITE: www.coindesk.com
A Eurozone Central Bank Digital Currency (CBDC) Could Provide Business Continuity in the Event of A Cyberattack on Banks or Other Payment Providers, Cipollone Sida Sida. Thursday.
“If a cyberttack caused the Outage of a Bank’s Own App, But The Bank’s Backet Services Were Still Functioning, Customers Wuld Still Be Able to Access Their Accounts With. he said.
Furthermore, if A Digtal Euro App Had Offline Functionality, IT Could Provide a Failsafe for Users Durying A Power Outage That Takes Regular Methods of Payment Offline.
“Cash Is Our Only True Fallback … But As Society IncreASINGly MOVES AWAY FROM CASH, AND AS CASH ITSELF MAY BE DIFFICULT TO ACCCESS IN EmerGencies, We Need to Complement. Added.
The ECB, Like ITS CONONTERPARTS IN ALMOST Every of Other Economy Arund the World, Has Been Exploring the Possibilities of A Digital Version of Its Currency for A Number of Years.
Among Their Motivations Are Addressing the Competition Provides by Stablecoins and Non-Bank Payment Service Such as Apple Pay, Google Pay, Paypal and Soon.
The predctions of Market Firm Had Recently Acquired the CFTC-REGULATED PLATFORM, AND NOW REGULATOR HAS GRANTED IT CERTAIN CONCESSIONS.
- The Commodity Futures Trading Commission Granited A NO-Ection Letter to QCX-Polymarket’s New Us Acquisition-Over Certain Regulatory Requirements Involving Events Contractors.
- The CFTC HAS BEEN OPENING ITS Policy Doors to the Predict Markets, ABandoning What Had Been A ProtraCted Legal Battle Over the Sector’s US LEGALITY.
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