Financial Services Financial Services

Balancing success of digital euro is ECB’s key challenge, Panetta says

The digital euro’s key challenge is ensuring it will be successful enough to gain traction as a form of payment — but not so successful that it limits banks’ ability to lend — the European Central Bank’s Fabio Panetta said today.
 
Designating a central bank-backed digital euro as a form of

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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