Crypto Community Unimpressed as ECB President Pushes for Digital Euro with Privacy ‘of the Highest Standard’
The European Central Bank (ECB) President Christine Lagarde's new blog post again pushes for the creation of a central bank digital currency (CBDC) in Europe. But although it argues that a digital euro would protect the privacy of its users, the crypto community is not impressed.
The digital euro
Consumers and businesses increasingly abandon cash for digital. Even more so in the COVID-19 context. That’s why the European Central Bank is considering issuing a new form of money accessible to all.
CSO Seminar: Exploring the potential of a digital euro
Webinar with Civil Society Organisations
Presenter: Jürgen Schaaf, Advisor, DG Market Infrastructure & Payments, European Central Bank
Christine Lagarde on the risks of crypto-assets
Watch Christine Lagarde’s full interview on “College Tour”:
ECB President touts digital euro over speculative cryptocurrencies
European Central Bank (ECB) President Christine Lagarde raises concerns over existing speculative cryptocurrencies and says that the ECB should offer its own digital currency to facilitate more efficient international transactions.
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