ECB can’t yield digital money space to private sector – Panetta

ECB can't yield digital money space to private sector - Panetta

FRANKFURT, Nov 5 (Reuters) – The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weaken the role of the central bank, ECB executive board member Fabio Panetta said.The ECB has been working on designing a digital currency, a … Read more