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ECB's Cipollone says digital euro will protect European banks, card schemes
2 Articles
2 Articles
ECB's Cipollone says digital euro will protect European banks, card schemes
MILAN, Feb 18 : The digital euro will be designed to ensure it protects European card schemes and keep banks at the core of the euro zone payments system, a senior European Central Bank policymaker said on Wednesday.As a currency managed directly by the ECB through accounts users will open with the central ba
The introduction of the digital euro is becoming clearer, with the announcement of a pilot project for 2027 which involves a selection upstream of the payment providers who will participate in it. At the same time, a member of the ECB assures that it will be used to protect the banks of the euro area against the stablecoins and "other private solutions". The article The digital euro wants to "preserve the central position of the banks" in the fa…
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