The European Central Bank may launch a digital currency program next year to enhance the status of the euro

category:Finance
 The European Central Bank may launch a digital currency program next year to enhance the status of the euro


European Central Bank President Christine Lagarde said European consumption, saving and investment behavior is becoming more and more digital. The ECB will ensure that people trust the euro and adapt it to the digital age. If necessary, we should be ready to issue digital euro.

The European Central Bank will launch a public consultation on October 12 to listen to the opinions of the public, scholars, financial institutions and public sectors on the digital euro project to assess the demand. Relevant internal tests will also be carried out simultaneously.