ECB Promotes Digital Euro as a Sovereign Cash Alternative
9 Articles
9 Articles
As the current environment moves towards an omnipresence of the digital banking method, the geopolitical and technological risks to our economies are changing the situation. ...
According to ECB Executive Board member Piero Cipollone, providing only cash limits the mission of central banks in some ways because they do not offer a payment method for an important part of everyday life, which is online shopping.


ECB Promotes Digital Euro as a Sovereign Cash Alternative
Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central... The post ECB Promotes Digital Euro as a Sovereign Cash Alternative appeared first on Daily Tru…
ECB Promotes Digital Euro as a Sovereign Cash Alternative – Crypto News Bitcoin News
Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central […]
ECB | Shifting payment landscape: what a digital euro will bring | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Shifting payment landscape: what a digital euro will bring
Speech by Piero Cipollone, Member of the Executive Board of the ECB, at Banka Slovenije It is a pleasure to speak to you today. The ongoing shift in the way we pay is affecting the fundamental fabric of our economies. Whether we are consumers browsing digital marketplaces, entrepreneurs pursuing digital innovation, or decision-makers facing the digital transition, we are all involved in reshaping payments. Payments are more than a means of settl…
A digital euro is intended to protect Europe's autonomy and enable digital payments that are not based on technical infrastructure from America, China or other countries. On Thursday, representatives of the National Bank (OeNB) argued for the creation of a digital twin of euro cash. Estimates that the introduction could cost up to EUR 30 billion in total have been relativised.
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