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
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!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Analysis: Central banking’s brave new world
The ambition of central bankers once was to ‘be boring’ but they now take on responsibility for policy objectives such as tackling inequality and climate change. Not all onlookers are pleased at this ‘self-defined mission creep’
Comment: Putting brakes on stock trading would make GameStop-type events worse
Slowing or staunching trades through a transaction tax as is proposed in the US would prolong the time it takes for a meteoric price rise to correct itself
Brexit will not bring a ‘bonfire of regulations’ says City of London policy head
Catherine McGuinness calls for more progress on issues of regulatory equivalence between British and European financial services sectors