New CBDC Report from the European Central Bank!

European Central Bank ECBpublished a new report on the digital Euro, the leading agenda of the last months after inflation.

In the report they published today, experts had an opinion on which areas the digital euro should focus primarily on. to the ECB digital euro The two most valuable areas of use for P2P are peer-to-peer payments (P2P) and e-commerce activities.

The Digital Euro team gave the following words on the subject in the report they prepared:

“We are addressing end-user needs and market gaps in countries existing in the European region. The digital Euro must be active in many areas so that we can meet the different payment behaviors of citizens.”

For the CBDC project, Central Bank officials find it more appropriate to implement the tokenized Euro gradually, rather than an all-out move.

ECB President Lagarde said in a statement last September. “Even if there is a digital euro, there should be a limit. We will regulate and oversee our CBDC currency as appropriate.” said.

Central Banks Seeking Alternatives to Crypto

While keeping up with the necessity of our age with the European Central Bank’s digital Euro project, it also provides citizens with cryptocurrency wants to offer an alternative. ECB officials have been making negative statements to the media about crypto recently.

Fabio Panetta, one of the ECB executives, announced cryptocurrencies last month. “speculative and socially useless assets” defined as.