On the 28th, at the Jackson Hole Symposium, Isabel Schnabel, an Executive Board Member of the European Central Bank (ECB), proposed that central bank-issued and managed funds (central bank money) should be transitioned onto the blockchain. Bloomberg reported that this move aims to revamp the methods of implementing monetary policy.
Ms. Schnabel indicated that by moving to on-chain, while maintaining the role of funds settlement infrastructure, the programmability of distributed ledgers (...
