Deutsche Bank says crypto poses a threat to political and financial stability. Published by Jai Pratap coinnounce.com Deutsche Bank says crypto poses a threat to political and financial stability. Coinnounce via coinnounce.com The Frankfurt-based investment bank published a report saying that non-sovereign cryptocurrencies pose a threat to political and financial stability as a real digital payment revolution has been underway for the last ten years. The report claims that even though cryptocurrencies are in the early adoption period, but they pose a threat given the current changes cash is undergoing. The financial giant, in its first of three reports titled “The Future of Payments,” claimed that the cryptocurrency is not going to replace cash anytime soon. However, the report notes that cash is losing ground as a payment method, as several countries replaced traditional payment methods with digital solutions.
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