FRANKFURT (Reuters) – The launch of a digital euro to complement cash is not imminent and the European Central Bank needs consult broadly and experiment rigorously before making any decision, ECB policymaker Pablo Hernández de Cos said on Friday.
“I believe we should deepen the current standing of our work,” de Cos, Spain’s central bank governor, said during an online conference.
“Furthermore…I believe we need to place a strong emphasis on developing a rigorous experimentation agenda that will help us make informed policy decisions about the different design options.”
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.