The European Central Bank finally made the expected announcement.
More than 10 years have passed since the launch of the leading crypto currency Bitcoin, which has influenced the entire world. Digital coins, which were first initiated by China and were developed to reduce the impact of crypto currencies or strengthen their own hands, are now sufficient to attract the attention of the European Central Bank.
In addition, it is possible to say that Libra, which was announced by Facebook in recent months, has definitely put pressure on the central banks about the digital money revolution. After Libra, many banks made various statements against digital currencies.
In a recent interview, European Central Bank Board Member Benoit Coeure announced the bank’s digital money plans and stressed that such a development was positive:
”Central bank digital money will allow the use of central bank money even if cash is no longer used. This type of digital currency can take different forms, and both us and other central banks have begun to investigate the benefits and costs of it. ”