Restrictions on Digital Euro ?
A group of economists wrote a report, that referred to ECB, regarding Digital Euro’s impact in the European economy and its potential resitrction.
The economists’ group, headed under Frank Smets, without having any empirical data in their disposal, concluded that the optimal amount of digital money will be around 15 % and 45 % of Eurozone’s GDP.
The calculation suggests that every person in Eurozone could have deposits up to €3,000 in digital Euros, that could be direct to ECB. The massive outflow from commercial banks is the no.1 risk for Digital Euro adoption.
The mobility in terms of announcements from ECB is quite high, showing that there is more seriousness than ever and we will have more in the next months.
We wait to see….