Europe's central bank moves toward introducing digital euro

Europe's central bank moves toward introducing digital euro

4 years ago
Anonymous $rxtAWepgzY

https://apnews.com/166bf4ce8b02abb5ce91faa678ea338a

FRANKFURT, Germany (AP) — With consumers increasingly using cashless ways to buy things, the European Central Bank on Friday took a step closer to issuing a digital version of the euro currency shared by 19 countries, saying it had to be ready to launch digital money if a changing world requires it.

The central bank issued a comprehensive report outlining the reasons why it might need to take the step. The ECB also said it would hold public consultations on the idea with citizens, academics and bankers.

Europe's central bank moves toward introducing digital euro

Oct 2, 2020, 2:32pm UTC
https://apnews.com/166bf4ce8b02abb5ce91faa678ea338a > FRANKFURT, Germany (AP) — With consumers increasingly using cashless ways to buy things, the European Central Bank on Friday took a step closer to issuing a digital version of the euro currency shared by 19 countries, saying it had to be ready to launch digital money if a changing world requires it. > The central bank issued a comprehensive report outlining the reasons why it might need to take the step. The ECB also said it would hold public consultations on the idea with citizens, academics and bankers.