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European Central Bank exec stresses on making digital euro ‘attractive’ to users
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In early November, a Chinese central bank official claimed that over 123 million personal wallets had been activated for the e-CNY. Meanwhile, a Nigerian central bank spokesperson reported that users of Nigeria’s eNaira wallet were nearing half a million.
This brings us to a pertinent question – What on earth is Europe doing?
At the ECON Committee of the European Parliament, European Central Bank executive board member Fabio Panetta spoke about designing a digital euro and reported some conclusions after the project’s investigative phase.
Panetta discussed the need to make the digital euro “attractive” to customers and said,
“Consumers will only use a digital euro if it is widely accepted for payments, and merchants will want to be reassured
Read more on ambcrypto.comAbout this in other media
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