Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

Cointelegraph

Published Jun 23, 2018 08:10AM ET

Updated Jun 23, 2018 08:21AM ET

Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23.

Moser told Business Insider at this week’s Zug Crypto Valley Conference that although there was initial interest among central banks in issuing CBDC or a national cryptocurrency, “enthusiasm has slowed again because of the implications it would have for financial stability:”

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