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

China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil
AirAsia X announces new leadership structure
Malaysia's total trade in 2025 tops RM3 trillion, E&E drives export growth
SBS Nexus opens flat at 25 sen on ACE Market debut

Others Also Read