The European Central Bank: there is no digital encryption currency plan yet.


The European Central Bank: there is no digital encryption currency plan yet.

Mario Draghi, president of the European Central Bank, said today that the ECB has no plans to issue digitally encrypted currencies, mainly because the potential technology is still fragile and the proportion of eurozone consumers using cash is still high. .

With the rapid development of digital encrypted currencies such as Bitcoin, whether central banks around the world will issue their own digital encrypted currencies has become a hot topic in the industry. Sweden has also decided to launch its own digital currency, E-Krona, after Venezuela released its own national digital currency.

But Delagi said today that the timing of issuing digital encrypted currencies in the euro area is not yet ripe. "The European Central Bank and the euro system (the central banks of eurozone member states) have no plans to issue digitally encrypted currencies at present," he said.

Delagi also said that there is no specific need to issue the digital euro. In addition, technologies such as distributed ledgers need further development. (Li Ming)


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