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Showing posts with the label ECB

Central Bank of Israel will not issue its own digital currency for now

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An Israeli research group studying digital currencies recommends that the country"s central bank refrain from issuing its own token, according to a November 6 press release. An inter-ministerial research group, created in November 2017 by the Governor of the Bank of Israel (BOI) to “explore the issue of digital currencies of the central bank [CBDC]”, released its report this week. It says: Central banks around the world are examining the possibility of issuing digital currency and/or using distributed technologies in the payment systems, but no advanced economy has yet issued digital currency for broad use. The Bank of Israel has also established a team to study the issue. The team does not recommend that the Bank of Israel iss ... Read more about " Central Bank of Israel will not issue its own digital currency for now " on coinatory.com

Jeffrey Tucker to Governments: Hands off cryptocurrency

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Outstanding economist and editorial director of the American Institute of Economic Research (AEIR) Jeffrey Tucker called on world governments and central banks to reject the idea of creating state-supported cryptocurrencies, and instead focus on the reliability of fiat money and the banking system. Tucker said that cryptocurrencies and related infrastructure are the prerogatives of private innovation and entrepreneurship and that governments should not interfere with them. Speaking about ideas on regulating cryptocurrency and strict ... Read more about " Jeffrey Tucker to Governments: Hands off cryptocurrency " on coinatory.com