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Cryptocurrencies: 25790
Markets: 103915
Market Cap: $2,646,741,513,137     
24h Vol: $90,734,722,169
Coinnounce 2021-02-18 05:39:46

European Central Bank’s executive proposes a fine for hoarding digital euro.

European Central Bank’s executive proposes a fine for hoarding digital euro.
The digital euro has been one of the most anticipated government-backed digital currencies alongside China’s digital yuan. However, as one executive of Europe’s apex bank observes, it could lead to commercial banks disintermediation. The ECB executive proposed a €3,000 threshold for users to hold, beyond which they would incur a penalty, such as negative interest […]
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