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

In recent years, central banks and financial institutions have conducted a growing number of studies focusing on Bitcoin and its potential impact on monetary policy. These studies, published by organizations such as the Minneapolis Fed, the European Central Bank (ECB), and the International Monetary Fund (IMF), highlight a key theme: the disruptive nature of Bitcoin and other cryptocurrencies could limit the ability of central banks to fulfill their traditional responsibilities in managing the economy. These studies show that monetary policymakers are taking Bitcoin far more seriously than before. Working papers do not necessarily reflect the thinking of central bank policymakers, but they still show that monetary policy is increasingly taking Bitcoin seriously. This goes beyond academic working papers and is also reflected in policies, such as the IMF's 2022 Argentina rescue plan, which includes multiple anti-cryptocurrency clauses. (Forbes)