European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro
The digital euro project may get underway in mid-2021 after a period of review.
Privacy is the number one thing Europeans want in a digital euro.
In an interview with Bloomberg Wednesday, Lagarde said the digital euro will be rolled out within four years.
“Bitcoin alone is already consuming more electricity than the Netherlands,” Panetta said.
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
The ECB believes it should have the final say ahead of any proposed stablecoin launches.