Category: digital euro

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EU will decide on digital euro in January 2021: ECB president

November 12, 2020

“At that point in time we will make the decision as to whether or not we go forward with the digital euro.” The president of the European Central Bank, Christine Lagarde, has said that the bank should reach a decision on releasing a digital euro early next year. In an online policy panel held on…
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Digital euro will not be a substitute for cash: ECB President

September 22, 2020

“A digital euro could be a complement to, not a substitute for, cash,” Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde. Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the…
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