(THREAD) We have decided to launch a project to prepare for possibly issuing a digital euro. We will look at how a digital euro could be designed and distributed to everyone in the euro area, as well as the impact it would have ecb.europa.eu 1/3
Our experimental work has already allowed us to identify possible ways to protect privacy. It has also shown that the energy needs of the infrastructure would be negligible compared with the energy consumption and environmental footprint of crypto-assets, such as bitcoin 2/3
A digital euro will be successful if it adds value for people, merchants and financial intermediaries in the euro area, says Executive Board member Fabio Panetta explaining the latest decision in The ECB Blog.
Read it here ecb.europa.eu 3/3
Read it here ecb.europa.eu 3/3
Loading suggestions...