Sector Regulation Sector Regulation

Digital euro gets backing from Germany's new finance minister

By Jack Schickler
  • 11 Jan 2022 07:04
  • 11 Jan 2022 07:04
The digital euro today gained strong backing from Germany’s new finance minister, who also promised international talks on state-backed virtual currencies.

Central banks fear that the emergence of cryptocurrencies such as Bitcoin or the Facebook-backed Diem payment service could supplant state-backed payments like banknotes and coins. 

In July 2021, the European Central Bank pledged to probe

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