If these forms of money become widely used in the euro area as a medium of exchange or as a store of value, this could have severe implications: for the role of the euro, for the payment industry, and consequently also for financial stability in the euro area.
If there is one thing we must learn, it is how to bring banking and accountancy back in from the righteous wind of public anger, for a refit with refreshed ethics, a new sense of corporate probity and a bolder  4  BIS central bankers’ speeches  capacity for corporate governance.