Reported about 1 year ago
UniCredit CEO, Andrea Orcel, expressed support for the digital euro plan during a conference, emphasizing that it would be beneficial for Europe and its banks if banks play a central role in the digital currency system. He highlighted the importance of banks being fully involved in the infrastructure of the digital euro, enabling a seamless transition for customers. Orcel also noted that a parallel system for the digital euro would bring significant changes to the banking sector. The European Central Bank is considering a digital currency to reduce reliance on non-European payment systems and introduce new payment solutions.
Source: YAHOO