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ECB’s Weidmann wants digital euro to start small
14 Sep 2021

A digital euro, currently under design by the European Central Bank, should have a limited role initially as it could disrupt the bank sector and overly extend the role of central banking, Bundesbank President Jens Weidmann said on Tuesday.

“A gradual approach might make sense given the risks involved – that means a digital euro with a specific set of features and the option to add further functionalities later,” Weidmann told a conference.

By Balazs Koranyi, Reuters, 14 September 2021

Read more at Reuters

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