2min chapter

The ECB Podcast cover image

A digital euro: what, why, when? (part 1)

The ECB Podcast

CHAPTER

Would the ECB Hold Accounts for the Citizens?

The ECB has no plans to hold accounts for the citizens. The distribution of a digital euro will be done via the intermediaries. You will interact as a citizen with your bank and have a contract with them on that. OK, so it's kind of like moving with the developments in society that we're seeing,. especially after the pandemic and also ensuring this safe form of payment in today's world.

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