ECB Executive Committee: The ECB is exploring the possibility of issuing a digital euro in the future

Fabio Panetta, a member of the European Central Bank’s Executive Committee, said today that the European Central Bank is exploring the possibility of issuing a “digital euro” in the future due to the continued spread of new coronaviruses and the economic impact it brings. A senior working group is currently reviewing the pros and cons of introducing digital currencies. This currency can be used by intermediaries and even citizens through their electronic devices (such as smartphones or tablets) to meet their daily consumption needs.