Source: International Business Times
The decision to create a digital euro -- essentially an electronic form of cash backed by the ECB -- has not been made yet and any possible launch would be years away AFP European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of misinformation online, highlighting an uphill battle ahead to convince the public of the project's merits. The decision to create a digital euro -- essentially an electronic form of cash backed by the ECB -- has not been made yet and any possible launch would be years away. But when Lagarde in a press conference this month referenced an October 2025 deadline for moving to the next stage of preparations, social media lit up with alarmed messages that the launch was imminent.
