Express

Over 200 German Banks United To Promote A Pan-Continental Digital Euro

Roland James

Summary: Bankenverband, the Association of German Banks, released a paper on Wednesday stating how the Eurozone economy would benefit from a “programmable digital euro,” according to BeInCrypto. The paper outlined possible risks from digital currencies that aren’t a problem with the state-determined monetary system. The paper reflects the views of 11 members of the associations and ...

Bankenverband, the Association of German Banks, released a paper on Wednesday stating how the Eurozone economy would benefit from a “programmable digital euro,” according to BeInCrypto.

The paper outlined possible risks from digital currencies that aren’t a problem with the state-determined monetary system. The paper reflects the views of 11 members of the associations and over 200 private commercial banks. This paper comes as Germany attempts to catch China in the race to release the first national digital currency

By Roland James

Last Update:

Tags: ,,
Link: Over 200 German Banks United To Promote A Pan-Continental Digital Euro   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 13 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.