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ECB official suggests importance of physical stores accepting digital euro -Breaking

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Fabio Panetta is an executive board member at the European Central Bank. He said that focus groups investigating the possibility of rolling out a digital euro suggested the use of the currency online as well as in physical shops could be a crucial feature.

Panetta made Wednesday’s written statement. BrokenThe September 2021 findings from ECB focus group on digital payment methods were published. They showed that people are more inclined to accept a digital currency accepted by physical and online shops and allow for easy payments between individuals. Panetta stated that all merchants must accept digital euros to experience the same adoption trends as those experienced by fiat currencies 20 years ago.