Yesterday, the chairman of the Swiss National Bank (SNB) gave a press conference on cryptocurrencies. Speaking at the event in Basel, Thomas Jordan, who also heads the central bank's international counterfeit containment team, said central banks were looking at cryptocurrencies very intensively, adding: "I would describe bitcoin as an investment rather than a currency."
According to Reuters, Jordan said:
“It is important to understand that the issue is not the technology itself, the issue is who has access to central bank funds and in what form. At the moment, most of these issues are unresolved."
He went on to say that central banks should consider all the possible impacts that cryptocurrencies could have on the financial ecosystem.
This is not the first time a central banker has commented on this issue.
At a conference last year in Switzerland, a central bank official described blockchain technology as turning the entire financial system on its head.
At the same time, he revealed that banks are in talks with market participants as well as others central banks about the future role of cryptocurrencies and blockchain technology, which primarily promises to reduce the cost of transactions.
According to https://www.coindesk.com
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