Sector Regulation Sector Regulation

Digital euro would be a rock in a world of cryptocurrency ‘illusion,’ ECB’s Panetta says

By Fiona Maxwell
  • 16 May 2022 12:20
  • 16 May 2022 12:20
A digital euro is needed to ensure public money maintains the role of a monetary anchor in the digital era, especially as virtual currencies purporting to be stable have shown extreme volatility in recent weeks, Fabio Panetta said today.

The European Central Bank executive board member emphasized his message of deep skepticism about

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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