ECB to think about additional digital euro research study in 2021
The report analyzed how a digital euro might affect retail payments and how it can secure payments in the future. Based on the report, the ECB might begin a virtual currency program “to guarantee significant responses are gotten to the open concerns raised” by the middle of next year, potentially with an examination stage to establish the digital euro and conduct experiments. A digital euro might support the Eurosystem’s goals by offering people with access to a safe kind of cash in the fast-changing digital world.
