ECB Digital Currency Study Published
The European Central Bank publishes a study exploring virtual currencies and their potential impact.
On April 8, 2015, the European Central Bank released a study examining the potential implications of digital currencies such as Bitcoin. The report analyzed risks to monetary policy, consumer protection, and financial stability.While not endorsing Bitcoin, the study acknowledged blockchain technology as an innovation worth monitoring, signaling that central banks were beginning to take cryptocurrency seriously on a policy level.