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14.04.2021, 06:41

Europeans want digital euro to be private, safe and cheap - ECB

Reuters reports that an ECB survey showed that eurozone citizens expect the European Central Bank's proposed digital euro to be private, safe and cheap.

"What the respondents want most from a digital euro is privacy (43%), security (18%), usability across the euro area (11%), the absence of additional costs (9%) and offline use (8%)," the ECB said in a report.

The ECB is working on creating an electronic form of cash but a digital euro is unlikely to be a reality for four to five years at a minimum.

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