( ) -q-22- UNDATED (Correspondent Jeremy House) “to volatile cryptocurrencies.” Proposals for a digital European currency are taking shape. [CutID: <Cuts> EUROPE-DIGITAL-house-q-WEDam.mp3 Time: 22s Title: EUROPE-DIGITAL-house-q-WEDam Out-cue: to volatile cryptocurrencies] TAG: Correspondent Jeremy House reporting. ECB President Christine Lagarde says a digital currency from the central bank will help make Europe independent of outside payment […]
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A digital euro? European Central Bank preps for future of money
( ) -q-22- UNDATED (Correspondent Jeremy House) “to volatile cryptocurrencies.”
Proposals for a digital European currency are taking shape.
[CutID: <Cuts> EUROPE-DIGITAL-house-q-WEDam.mp3
Time: 22s
Title: EUROPE-DIGITAL-house-q-WEDam
Out-cue: to volatile cryptocurrencies]
TAG: Correspondent Jeremy House reporting. ECB President Christine Lagarde says a digital currency from the central bank will help make Europe independent of outside payment services companies like Mastercard and Apple Pay. The question is: Will a digital euro offer any more convenience? A final decision would be years away.
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VERBATIM: The European Central Bank is finalizing the design of a digital euro that people could use in stores. That would add another way to hold Europe’s currency, on top of cash and bank accounts. The idea is to ensure the euro keeps up with developing technology and new ways to pay for things. It also could be a stable alternative to volatile cryptocurrencies.