BIS: No rush to issue e-money


LONDON: Most central banks have no plans to issue a digital version of their currency after studies left them unconvinced of the merits of e-money, a survey by the Bank for International Settlements (BIS) showed.

Central banks have warned investors they could lose money on privately minted cryptocurrencies like bitcoin, which have taken a hammering in recent months.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bis , digital , currency , central banks , e-money , cryptocurrencies ,

Next In Business News

Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract
Reservoir Link secures its first CCS solutions contract
PETRONAS appoints Mohd Jukris as COO effective Feb 1, 2026
FBM KLCI ends flat ahead of Bank Negara policy meeting
Oil down as easing Iran unrest dampens geopolitical risk premium
CIMB boosts customer protection with new biometric authentication in Octo App
IJM tumbles 5%, short selling suspended amid MACC probe
China set to keep rates steady for eighth month, some traders wager on Q1 easing
Gold, silver hit record highs as Trump-Greenland row sparks safety rally

Others Also Read