Central Bank of Barbados Proposes Bitcoin for Reserve Currency Basket

Central banks in every country always keep a certain level of financial reserves. In most cases, these reserves will consist of foreign fiat currencies, as well as precious metals, such as gold and silver. But the Central Bank of Barbados is looking at whether or not digital currencies should become a part of their reserve holdings portfolio. Due to the utility for international transactions, digital currencies lend themselves perfectly to become part of the portfolio of external assets.

Click here to read the full story.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s