The European Central Bank is announcing plans for the E-Euro. A new digital currency. Proponents say itll strengthen Europes digital and monetary







European Central Bank announces 'E-Euro': Should Bitcoin worry? | DW News [GLdT0ts26Ri]

European Central Bank announces 'E-Euro': Should Bitcoin worry? | DW News [GLdT0ts26Ri]

| 1h 28m 28s | Video has closed captioning.

The European Central Bank is announcing plans for the 'E-Euro.' A new digital currency. Proponents say it'll strengthen Europe's digital and monetary sovereignty and keep the Eurozone competitive. A digital Euro would have the same value as analogue cash or the money in our bank accounts. It would be issued by the ECB, or national central banks, to private persons and companies. E-Euro deposits would probably be capped at a value of around 3000 euros. That's to ease fears the digital coin could make the ECB a competitor to banks. But a survey by Germany's central bank says most consumers here reject a digital Euro. 56 percent of households saying it would add no additional incentive over current payment methods. And they are worried about the new Euro's security. Subscribe: For more news go to: Follow DW on social media: ►Facebook: ►Twitter: ►Instagram: Für Videos in deutscher Sprache besuchen Sie: #Euro #DigitalCurrency #Cryptocurrency #warren buffett bitcoin #bitcoin scan #bitcoine kurs #cannabis crypto coin

Aired: December 15, 2024

Rating: TV-14

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