A European Central Bank board member has said Europe must overcome its reliance ...
The ECB is now studying the option of introducing a digital currency, but this would have broader consequences for the banks. Coeure warned against the central bank crowding out private-sector players.
Speaking at the same event, European Commission Vice President Valdis Dombrovskis said his aim was to roll out a pan-European instant payment to all parts of the bloc by the end of 2021.
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