Fabio Panetta: “The ECB will better protect the data of users of the digital euro”
ECB executive board member Fabio Panetta said that in the transition to the digital euro, the ECB will better protect users’ confidential data than private firms. In a recent interview, Fabio Panetta said that in addition to the interest in the digital euro, users are very concerned about the security of their data. Panetta explained that unlike private firms, the European Central Bank has no commercial interest in storing, managing or monetizing user information. So…