The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.
The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.
A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.
Mario Draghi, president of the European Central Bank, has said it's not his institution's job to regulate cryptocurrencies.
The ECB executive board member has supported recent criticism of bitcoin by Agustin Carstens, head of the Bank for International Settlements.
Mario Draghi, president of the European Central Bank, has said credit institutions in Europe are not as keen on cryptocurrencies as the public.
The European Central Bank is soliciting questions for its president, Mario Draghi, specifying that cryptocurrencies should be a topic.
Bitcoin should be regulated and even taxed, according to a European Central Bank (ECB) governing council member.
Yves Mersch has said bitcoin could pose a threat to economic stability if financial infrastructure institutions get involved with the cryptocurrency.
The vice president of the European Central Bank said yesterday that investors are taking a risk buying bitcoin at current high prices.