Europeans want digital euro to be private, safe and cheap: ECB survey

HomeEconomy

Europeans want digital euro to be private, safe and cheap: ECB survey

Euro zone citizens expect the European Central Bank’s proposed digital euro to be private, safe and cheap, an ECB survey showed on Wednesday. “Wha

ECB says its policies may be cutting, not increasing inequality
UK job ads return to pre-pandemic level – Adzuna
ECB’s de Guindos says credit still cheap but caution needed

Euro zone citizens expect the European Central Bank’s proposed digital euro to be private, safe and cheap, an ECB survey showed on Wednesday.

“What the respondents want most from a digital euro is privacy (43%), security (18%), usability across the euro area (11%), the absence of additional costs (9%) and offline use (8%),” the ECB said in a report presenting the results of its consultation.

The ECB is working on creating an electronic form of cash to complement banknotes and coin but a digital euro is unlikely to be a reality for four to five years at a minimum.

COMMENTS

WORDPRESS: 0
DISQUS: 0