ECB Should Embrace Blockchain to Safeguard Its Role, Schnabel Says
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8 Articles
ECB should embrace blockchain to safeguard its role, Schnabel says
Isabel Schnabel argued that technology can integrate financial infrastructure divided by national borders — but warned that stablecoins do not replace central bank money.
From Jackson Hole the warning of Isabel Schnabel against private coins. The Eurotower accelerates on the distributed registers to guide the Tokenized Finance:
Central bank tokens are particularly useful in fragmented Europe, says ECB director Isabel Schnabel. Central banks should, from their point of view, offer central bank reserves in the form of tokens.
Isabel Schnabel, a member of the board of the European Central Bank (ECB), believes that they need to adopt blockchain technology to modernize and benefit from these new tools. Her remarks were made during Jackson Hole's Economic Policy Symposium on Friday (28).The event brings together some of the world's largest financial authorities, including [...] Source: European Central Bank needs to adopt blockchain technology, says leader See more news …
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