The European Central Bank (ECB) launched a public consultation on Monday 12 October on the advisability of creating a digital or virtual euro that would have the same legal tender status as cash.
A digital ‘central bank’ currency would, in particular, allow users to have a digital wallet to make their daily payments and even to make deposits directly with the ECB.
“A digital euro (...) would also shield us from the risk that a private or public digital means of payment issued and...