Germany want digital euro, fast

Today was in Germany the opening session of the “Future of Payments in Europe” conference, where a few prominent of the financial system had speeches, including Olaf Scholz, finance minister of Germany. He said the EU should work faster and harder on the digital euro because there is a big demand from the business sector, and consumers, for the digital solutions.

Board members of Deutsche Bundesbank declared, with CBDCs, the central banks could support the economy directly, and people should not underestimate this support, there are clear benefits. And there is something, what is also pretty clear, the regulators can’t ignore the cryptocurrencies and crypto industry anymore.