Digital-euro model deals banks into the game — but will consumers use it?
30 June 2023 00:00
Duration: 8:58
On paper, the EU’s proposal to pursue a design for a digital euro should be viewed favorably by the bloc’s banks, because the model targets retail consumers, intermediated by banks and payment-service providers. This should allay the banks’ fear of being sidelined by the digital-euro ecosystem. However, the problem may now lie with convincing consumers of the attractiveness of a digital currency.
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Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more