The Release of ECB Tokens Will Not Affect Other Startups
Specialists of the European Central Bank will continue to work on issuing their own cryptocurrency, the head of this financial institution, Christine Lagarde, said. She believes that the issue of own digital currency is necessary to provide cheaper and faster international financial transactions. “The ECB wants to play an active role in this area, and not just watch the changing world,” she said. Christine Lagarde recalled that at the end of 2019, a special group of experts was created to study this issue. Besides, she said that the possible launch of this initiative will not affect private European Union startups that work in the same direction. If you want to know the latest news from the world of cryptocurrencies and the blockchain industry, follow updates on TheCoinShark.