Digital euro can fill market hole, panellists say | Foreign exchange Information
Introducing a retail central bank digital currency (CBDC) for the eurozone might fill a hole within the cross-border immediate funds market, representatives from related stakeholders informed the Fintech Join convention in London.
The panel dialogue, held on December 5, highlighted the potential use circumstances for the digital euro, a project introduced by the European Central Financial institution (ECB) in 2021.
Ville Sointu, chief strategist of digital currencies at Nordea Financial institution, emphasised that central banks needed to be
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