ECB board member spoke about the risks of the digital euro for banks
The ECB board member spoke about the risks for banks that will arise in the event of a possible launch of the digital euro. However, government cryptocurrency design will help eliminate most of these. At the ECB’s online seminar last week, European Central Bank board member Fabio Panetta outlined three potential types of risks to banks from the EU’s state cryptocurrency, the digital euro, if issued. The first possible risk is the rejection of the…
