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The European Central Bank Is Working On 'Retail' Digital Currency As Part Of An Investigative Task Force

Roland James

Summary: The European Central Bank (ECB) is developing a "retail central bank digital currency" as part of an investigative task force. Yves Mersch, who also serves as vice chair of the ECB's Supervisory Board, said during the early-morning keynote address for CoinDesk's Consensus 2020 conference. According to a published version of his speech, Mersch talked about ...

The European Central Bank (ECB) is developing a "retail central bank digital currency" as part of an investigative task force.

Yves Mersch, who also serves as vice chair of the ECB's Supervisory Board, said during the early-morning keynote address for CoinDesk's Consensus 2020 conference. According to a published version of his speech, Mersch talked about the task force and the work it is conducting, mostly notable the retail CBDC versus a "wholesale" focused one.

By Roland James

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