Digital euro could be just four years away are we ready?


Source: irishtimes.com irishtimes.com

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A digital euro would offer a new way to spend money – using an app on a smartphone, you could pay bills or transfer cash using digital currency issued directly by the ECB. Image: iStock In Lapland in Northern Finland on Wednesday the European Central Bank (ECB) governing council discussed the digital euro and how it can start to bring the public on board for what would be a fundamental shake-up in the way the financial system works. For consumers, the central bank digital currency (CBDC) would offer a new way to spend money – using an app on a...