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Friday

25 September 2020

Pandemic has accelerated adoption of digital currency: ECB President

Pandemic has accelerated adoption of digital currency: ECB President


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The pandemic has seen consumers adopt digital payments in increasing numbers and the trend was accelerating, said the President of the European Central Bank (ECB) Christine Lagarde.

She also indicated a panel of euro-zone central bank officials is set to reveal a verdict on a European central bank digital currency (CBDC) imminently.

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