The European Central Bank (ECB) has said that the digital euro is not related to programmable money, which is to say currency for which spending rules are laid down upon issuance. “The digital euro is NOT programmable money,” reads a presentation published by the regulator of a new form of European currency. Digital national currencies...
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India’s Central Bank Governor Criticises Crypto; Warns Investors of ‘Risk’
Shaktikanta Das, the head of India’s central bank, has criticised digital tokens, marking the latest denouncement of cryptocurrencies from officials in the country. “Changes in the value of any so-called product are a function of the market. But our main concern with crypto, unlike any other asset or product, is that it has no underlying...