Forbes: Central banks around the world are paying more attention to Bitcoin than ever before

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ODAILY
10-28
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Odaily Planet Daily Report: In recent years, central banks and financial institutions in various countries have conducted more and more research, focusing on Bitcoin and its potential impact on monetary policy. Research published by organizations such as the Federal Reserve Bank of Minneapolis, the European Central Bank (ECB), and the International Monetary Fund (IMF) has highlighted a key theme: the disruptive potential of Bitcoin and other cryptocurrencies may limit the ability of central banks to perform their traditional role of managing the economy. These studies indicate that monetary policymakers are paying much more attention to Bitcoin than ever before. Working papers may not necessarily reflect the views of central bank decision-makers, but they still indicate that monetary policy is increasingly focused on Bitcoin. This goes beyond academic working papers and is also reflected in policies, such as the inclusion of several anti-cryptocurrency clauses in the IMF's 2022 bailout plan for Argentina. (Forbes)

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