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  4. Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
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Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency...
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Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’ Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, there are still many questions surrounding the prospective digital currency. In what form could it be issued? Is the ECB too late to the CBDC party, especially compared to other central banks such as that of the People’s Republic of China? To address these and other questions, Cointelegraph auf Deutsch spoke with Jonas Gross, chairman of the Digital Euro Association (DEA) and member of the expert panel of the European Blockchain Observatory and Forum.

Gross said that compared to digital cash issued by a commercial bank, central bank money carries fewer risks. A commercial bank can always go bankrupt, but a central bank cannot because in an emergency, it can print as much money as needed. And, in times of crisis, people may want, at least in theory, to transfer all their digital money from a private bank to the central bank, which will mean the end of the commercial banks’ business.

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07-06-2023 05:26:24 (UTC+7)

EUR/USD

1.0696

+0.0002 (+0.02%)

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EUR/USD

1.0696

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139.59

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0.6672

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149.29

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 EUR/USD1.0696↑ Buy
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 USD/JPY139.59Neutral
 AUD/USD0.6672↑ Sell
 USD/CAD1.3401↑ Sell
 EUR/JPY149.29Buy
 EUR/CHF0.9705↑ Sell
 Gold1,980.30↑ Buy
 Silver23.677↑ Buy
 Copper3.7665↑ Sell
 Crude Oil WTI71.67↑ Buy
 Brent Oil76.12Sell
 Natural Gas2.266↑ Buy
 US Coffee C184.08↑ Buy
 Euro Stoxx 504,295.22Sell
 S&P 5004,283.85Buy
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 FTSE 1007,628.10↑ Sell
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 Bayer52.28↑ Buy
 Allianz210.50Sell
 Adidas159.68Neutral
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 Siemens AG158.36Neutral
 Deutsche Bank AG9.784Neutral
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Cập nhật 07-06-2023 05:26:26
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RON 95-V22.79023.240
RON 95-III22.01022.450
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Ngoại tệMua vàoBán ra
USD23.290,0023.660,00
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GBP28.465,8729.679,67
JPY163,63173,22
KRW15,6419,05
Cập nhật lúc 18:50:59 06/06/2023
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