Harvard to central banks buy bitcoin

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Benzinga is a financial news You might also like. According to his research, from tocountries facing a.

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Harvard Tells Central Banks: \
Yes. While we do not yet have clear examples of central banks embracing crypto, it's not far off. And the U.S. dollar only has itself to blame. Last month, Harvard University published a research paper arguing that central banks should start buying Bitcoin to protect themselves. Researcher Matthew Ferranti argued that there is merit for central banks to hold Bitcoin even under normal circumstances.

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Central banks? Federal Reserve has a system of swap lines that dispense dollars to foreign central banks in case of need. Most were from small countries, but not all: representatives from Nigeria, Bangladesh, Pakistan and Egypt � each in the top 50 countries ranked by GDP � were present; beyond Africa and Asia, coverage included nations from the Middle East, Latin America and at least one former Soviet republic. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated.