The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets, but that should not prevent them from entering the space in order to understand it. In an analysis dedicated to central bank digital currencies (CBDCs) released on Dec. 10, the Bank of Lithuania argued that banks should participate in the digital asset space in order to gain experience with the rapidly developing asset class. Bank board member Marius Jurgilas said in an accompanying statement: “It is fascinating to follow how fast the…
Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania
