Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.
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Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.
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Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are.
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Findings from the ECB’s focus groups said the public was more likely to accept a digital euro accepted in physical and online stores and allowed easy person-to-person payments.
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Although the project was a success, the central banks warned that significant rulebooks, contingency procedures, and monitoring capabilities were needed to ensure the success of a CBDC.
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