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3232Privacy Fears Undermine Support for Digital Euro in Germany
https://www.digit.info/privacy-fears-undermine-support-for-digital-euro-in-germany/
Sun, 18 Aug 2024 00:46:09 +0000https://www.digit.info/privacy-fears-undermine-support-for-digital-euro-in-germany/Read more]]>Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]
]]>Digital Euro Holding Limit: Debate Continues
https://www.digit.info/digital-euro-holding-limit-debate-continues/
Tue, 25 Jun 2024 22:11:25 +0000https://www.digit.info/2024/06/25/digital-euro-holding-limit-debate-continues/Read more]]>The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal amount could be in the range of 1,500 to 2,500 digital euros per person. ‘The Jury Is Still Out Here’ […]
]]>ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
https://www.digit.info/ecbs-joachim-nagel-urges-central-banks-to-evolve-we-need-to-work-on-our-business-model/
Wed, 08 May 2024 20:50:46 +0000https://www.digit.info/2024/05/08/ecbs-joachim-nagel-urges-central-banks-to-evolve-we-need-to-work-on-our-business-model/Read more]]>Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […]
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]
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The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal amount could be in the range of 1,500 to 2,500 digital euros per person. ‘The Jury Is Still Out Here’ […]
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Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […]
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