Friday December 6, 2019

Advance of digital money gives ECB golden opportunity

The digital currency revolution is here and policymakers would be wise to step up and do their part in shaping its progress

17th November, 2019
A bitcoin ATM machine in Poland: some central banks have begun to explore issuing their own digital tokensGetty

How radically will digital currencies change our methods of exchange and the way we think about money? With innovation in digital payments barrelling ahead, these questions are now commanding the attention of the World Economic Forum and other international institutions.

Regardless of how Facebook’s own digital currency moonshot, libra, fares, it has already provided a wake-up call for firms and policymakers around the world.

“If revolution there is to be, let us rather...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

According to most standard metrics, sterling trades between 10% - 15% below its fair value, and the outlook is increasingly constructive

Peter Kinsella | 1 week ago

It’s been a turbulent year for the advertising market, but it’s here in the fourth quarter that the real profits are made

Willie O'Reilly | 2 weeks ago

As more players enter the streaming space, Netflix faces competition for subscribers. Meanwhile, TV remains the strongest medium for brand building

Elaine O'Regan | 2 weeks ago