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Christine Lagarde invites public comments on eurozone CBDC

Published 11/01/2020, 09:24 AM
Updated 11/02/2020, 11:20 AM
Christine Lagarde invites public comments on eurozone CBDC

In a Twitter thread on Sunday, Christine Lagarde, former Managing Director of the IMF and current President of the European Central Bank, invited public commentary on a potential eurozone central bank digital currency (CBDC).

“We are still in the review and considerations stage, but we’ve just launched a public consultation so that consumers and Europeans can actually express their preference and tell us whether they would be happy to use a digital Euro just in the way they use a Euro coin or a Euro banknote knowing that it is central bank money that is available and that they can rely upon,” said Lagarde in a video from the thread.

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