πŸ“£ Executive Board member said #ECB may limit #DigitalEuro to 1.5T tokens

πŸ‘‰ In a speech on Wednesday to the Economic and Monetary Affairs Committee of the #EuropeanParliament , #FabioPanetta hinted that the ECB could cap the number of digital euros between 1 and 1.5 trillion tokens.

πŸ‘‰The proposed restriction will be part of an effort to disincentivize residents from #HODLing tokens as an investment as #cryptoassets “with larger holdings subject to less attractive interest rates”.

πŸ‘‰ #Panetta also reiterated that private sector companies will likely need to coordinate with public officials for an effective digital #euro rollout.

πŸ‘‰ He has previously pointed out the importance of #CBDC being accepted in both physical and online stores and enabling easy person-to-person #payments.

Learn more…πŸ‘‡

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https://medium.com/gokumarket/executive-board-member-said-ecb-may-cap-digitaleuro-at-1-5t-tokens-c3c86dc1c158?source=rss—-80e74c2cf0dc—4

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