Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. Partially brought on by the emergence of cryptocurrencies and Facebook’s upcoming introduction of the Libra coin,...
With the belief that it could cause instability within the country’s financial system, the government of Switzerland spoke against making a central bank digital currency available to the public. According to Reuters, Parliament had asked the government to explore the potential for establishing an electronic...
February 05, 2020
The former Bank of France (BoF) governor Christian Noyer said that a centralized, global eCurrency is still at least a decade away. Although physical money is being used less and electronic currency is being touted by private entities, there is “clear hesitation” from the top worldwide central banks to launch their own, Noyer told the […]
January 26, 2020
Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. Partially...
December 13, 2019
With the belief that it could cause instability within the country’s financial system, the government of Switzerland spoke against making a central bank digital currency available to the public. According...