Issuing digital euro or Cash is probably a duty French central banker says
1. Digital Euro (Focus Topic) The article highlights a comment made by Banque de France Governor,Francois Villeroy de Galhau,that issuing a digital Euro is likely to be a duty for the central bank in the future. A digital Euro could provide numerous benefits,such as making cross-border payments faster,cheaper,and more efficient. However,the governor also emphasized the need for regulatory oversight and ensuring that privacy concerns are addressed.
2. European Central Bank (ECB) The article also discusses the role of the European Central Bank (ECB) in the potential issuance of a digital Euro. The ECB has been conducting research and experimenting with the concept of a digital Euro. The article notes that any potential digital Euro would likely be issued through the ECB,rather than individual member central banks.
3. Central Bank Digital Currencies (CBDCs) The article provides context on the growing interest worldwide in Central Bank Digital Currencies (CBDCs). The People's Bank of China has been testing its digital currency with select partners,the Bank of Japan has recently established a digital currency team,and the U.S. Federal Reserve is conducting research on CBDCs. The article notes that a digital Euro from the ECB would potentially position Europe as a leader in CBDCs. (Note: All summaries are under 250 words,as requested.)
source https://titdoi.com/news/Issuing-digital-euro-or-Cash-is-probably-a-duty-French-central-banker-says
2. European Central Bank (ECB) The article also discusses the role of the European Central Bank (ECB) in the potential issuance of a digital Euro. The ECB has been conducting research and experimenting with the concept of a digital Euro. The article notes that any potential digital Euro would likely be issued through the ECB,rather than individual member central banks.
3. Central Bank Digital Currencies (CBDCs) The article provides context on the growing interest worldwide in Central Bank Digital Currencies (CBDCs). The People's Bank of China has been testing its digital currency with select partners,the Bank of Japan has recently established a digital currency team,and the U.S. Federal Reserve is conducting research on CBDCs. The article notes that a digital Euro from the ECB would potentially position Europe as a leader in CBDCs. (Note: All summaries are under 250 words,as requested.)
source https://titdoi.com/news/Issuing-digital-euro-or-Cash-is-probably-a-duty-French-central-banker-says
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