đPiero Cipollone, the sole candidate to replace Fabio Panetta at the European Central Bank (ECB), defended plans for a digital eurođ¶ during a recent hearing. He emphasized the benefits of a Europe-based technology & infrastructure, promising offline functionality, accessibility & privacy protectionđ.
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 citizensđ.
đŁïžWhat are your thoughts on a digital euro? Share in the comments!