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ECB official says digital euro would complement cash

In an interview published by the European Central Bank, Executive Board member Piero Cipollone said the proposed digital euro would be free for individuals and,

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  • Cipollone said the ECB’s work on a new banknote series showed that a digital euro is not intended to replace cash.
Why it matters

The interview presents the ECB’s position on how a digital euro would fit alongside physical banknotes.

A little more context

In an interview published by the European Central Bank, Executive Board member Piero Cipollone said the proposed digital euro would complement cash and would be free for individuals. He also pointed to the ECB’s work on a new banknote series as evidence that cash would remain available. The interview did not provide a launch date.

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  1. Version 1 · 1 hr ago

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How this brief is grounded

ECB official says digital euro would complement cashEuropean Central Bank

In an interview published by the European Central Bank, Executive Board member Piero Cipollone said the proposed digital euro would be free for individuals and,European Central Bank

Cipollone said the ECB’s work on a new banknote series showed that a digital euro is not intended to replace cash.European Central Bank

The interview presents the ECB’s position on how a digital euro would fit alongside physical banknotes.European Central Bank

In an interview published by the European Central Bank, Executive Board member Piero Cipollone said the proposed digital euro would complement cash and would be free for individuals.European Central Bank

He also pointed to the ECB’s work on a new banknote series as evidence that cash would remain available.European Central Bank

The interview did not provide a launch date.European Central Bank

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