You are here

Bundesbank says no to official digital money for eurozone

BT_20171225_NSECRYPT25_3234980.jpg
Mr Schmidt warns that private investors' losses from bitcoin investments could have a ripple effect on financial markets.

Frankfurt

BUNDESBANK board member Carl-Ludwig Thiele has ruled out the introduction of official digital money for the eurozone and warned of losses from investments in cryptocurrencies such as bitcoin, according to a German newspaper.

"Digital...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes