Tech
Mairead McGuinness: EU must win people’s trust for digital euro
The ECB believes a digital euro would respond to the increasing demand for electronic payments and strengthen the monetary sovereignty of the euro area
Mairead McGuinness has said that the project to introduce a digital euro will need people’s trust and confidence.
The European Union’s executive arm has offered its vision for a digital currency that would facilitate payments but not serve as an investment tool.
The bloc has proposed a legal framework for a digital currency that would operate like a digital wallet, but is leaving most of the details up to the European Central Bank.
“By complementing ...
