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According to a letter from ECB President Mario Draghi, the European Central Bank believes that there is no need to digitize the euro.
The European Central Bank (ECB) does not plan to issue a digital currency The President of the ECB is still uncertain and the use of coins in the euro area remains high on Friday 14 September .
Draghi pointed to the stability of fiduciary money and the infamous volatility of cryptocurrency. MEPs said the lack of robustness of blockchain technology and the lack of sustainable infrastructure to promote crypto-economics meant that digital tokens were not a priority for the bank.
which mitigates the need to introduce a new monetary system for the general population s. Mr Draghi said that the ECB and the eurozone as a whole "did not plan" to issue the "digital currency of the central bank".
"MARIO DRAGHI SAID IN A LETTER TO A DELEGATE OF THE EUROPEAN PARLIAMENT
Images: Pixabay
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