European Central Bank President Talks About Digital Euro!

Bitcoin (BTC) and to cryptocurrencies a central bank digital currency instead of European Central Bank cryptocurrencies, which has a negative attitude towards (CBDC) working on it.

Final statement on this Christine Lagarde, President of the European Central Bankcame from

Digital Euro Speaking at the conference, Christine Lagarde said that the ECB continues its research on its own CBDC, the digital euro, and is investigating the development of the digital euro.

Lagerde also announced that the European Commission will soon propose legislation on the digital euro.

“The timely adoption of a legal framework for the digital euro will give all stakeholders the necessary legal certainty to prepare for possible entry and send a strong signal of political support.

I look forward to the legislative proposal for the establishment of a digital euro that the European Commission will propose shortly.”

Stating that he supports the digital euro in his previous statements, Lagarde said that the digital euro BTC’He thinks it will be very different from money and cryptocurrencies.

As it will be remembered, the European Central Bank launched a two-year research and review in 2021 to launch and develop the digital euro. This research will end in September 2023.

Moreover cryptocurrencies Considering that it poses potential risks to financial stability, the ECB thinks that cryptocurrencies should be brought under regulatory framework and control urgently, given the speed of crypto developments and the increasing risks.