ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone

Member of the Executive Board of the European Central Bank Fabio Panetta said in a speech at the ECB conference on Thursday that a digital euro, or the Eurozone’s potential CBDC, could become necessary with evolving consumer preferences, especially if people became reluctant to use cash. In his speech that primarily addressed pan-European payments and […]

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ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone written by Alisha Roy @ https://eng.ambcrypto.com/ecb-official-digital-euro-is-necessary-in-several-scenarios-in-eurozone/ October 23, 2020 Alisha Roy

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