European Central Bank President Christine Lagarde says a panel of eurozone central bank officials is exploring the pros and cons of a digital euro and will soon reveal whether or not the region needs to create their very own central bank digital currency.
The initiative of a CBDC may be critical to ensure they don't get left behind in the move to digital currencies and global changes in payments, said Lagarde, in a virtual event with Germany's Bundesbank. Thursday evening she said,
