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ECB policymaker warns of fragmentation without digital euro

Cointelegraph ·

Cointelegraph reports: A member of the European Central Bank’s (ECB) executive board has warned that other entities could provide alternatives without the central bank’s introduction of a digital euro, potentially weakening Europe’s “resilience and monetary sovereignty.” ECB executive board member Piero Cipollone said on a Monday MNI Connect Webcast that without a “pan-European digital payment solution that caters to every type of day-to-day transaction,” the potential for fragmentation…

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ECB policymaker warns of fragmentation without digital euro | Forex.com.bd