
Why Europe Still Needs Cash
Apr 28, 2017 Yves Mersch cites new ECB research showing that the eurozone isn't ready – or willing – to abolish banknotes.
Yves Mersch is a member of the Executive Board of the European Central Bank.
Apr 28, 2017 Yves Mersch cites new ECB research showing that the eurozone isn't ready – or willing – to abolish banknotes.
Jan 26, 2011 Yves Mersch
Some have long argued that private digital money and the technology underpinning it will revolutionize finance in the long term. But with Bitcoin plunging, stablecoins collapsing, and crypto lenders freezing withdrawals, we asked PS commentators whether the industry has a future.