šPiero Cipollone, the sole candidate to replace Fabio Panetta at the European Central Bank (ECB), defended plans for a digital euroš¶ during a recent hearing. He emphasized the benefits of a Europe-based technology & infrastructure, promising offline functionality, accessibility & privacy protectionš.
Cipollone's stance suggests he won't stray far from existing ECB digital currency policies. Despite "significant risks" from blockchain innovations, he believes CBDC challenges can be managed through measures like holding limits on citizensš.
š£ļøWhat are your thoughts on a digital euro? Share in the comments!