According to the head of the European Central Bank, digital currencies are a necessity

It has been clear to all of us for several years that in the digital age it is also necessary to have digital currencies. This is gradually becoming a reality, with Christine Lagarde, Head of the European Central Bank (ECB), confirming that up to 80% of central banks around the world are exploring digital currencies. This is really big news, either in terms of relevance, as it is the head of the ECB or the huge number of central banks interested in digitization.

As you know, it is only recently that the world has learned that they have been working on the digital euro for some time and new countries that have a digital national currency are constantly increasing. However, even though Europe is far ahead in many ways and often sets the direction for the whole world, this is not the case. China is far ahead of the CBDC, the central bank’s digital currency, as the rest of the world, because, as we recently informed you, more than 3,000 ATMs have recently been installed in Beijing that support the digital yuan.

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