European Central Bank Has No Plans To Issue Cryptocurrency, Says ECB President Mario Draghi

Blockchain, News | September 17, 2018 By:

European Central Bank (ECB) President Mario Draghi said that the institution is not issuing a digital currency any time soon.

In a letter to a member of the European Parliament, Drghi said the ECB has no plan to issue a digital currency because blockchain technology is still fragile and the use of physical cash is still high in the euro zone.