Cash Use Plunges | Crypto

The ECB has finished technical prep for a digital euro, Lagarde has said, as Cipollone has warned cash use fell to 24% of daily transactions by value in 2024. With EU legislation pending, pilots could start mid-2027 and issuance in 2029 if approved this year. He has cited reliance on US card rails, too. The post ECB Warns Europe Can’t Wait for Private Solution as Cash Use Plunges – Is CBDC the Answer? appeared first on Cryptonews.