According to Foresight News, European Central Bank (ECB) President Christine Lagarde has stated that the ECB Governing Council will decide whether to proceed with more trials of a central bank digital currency (CBDC) in late October. Lagarde mentioned that it may take at least two more years of testing before a final decision is made. She emphasized the need to address all issues related to a digital euro, such as privacy, before its launch.
European Central Bank to decide on further CBDC trials in October
This article has been republished with permission from Binance News