The European Central Bank chief said she wanted to address “conspiracy theories” about CBDCs and government snooping.
A digital euro is at least two years away, the European Central Bank’s president told lawmakers on Monday as she sought to address privacy fears arising from the central bank digital currency .
“It’s not until later in October that the [ECB] Governing Council will decide whether we can move ahead with more piloting of the project,” ECB President Christine Lagarde told lawmakers on the EU Parliament's Economic and Monetary Affairs Committee. “The pilot will probably take us another two years, at least, before it’s the final say.”
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