ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’

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**The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. The regulator is concerned about the prospect of tech giants dominating payments through their “artificial currencies.”**

[https://news.bitcoin.com/ecb-digital-euro-to-boost-global-appeal-of-european-money-fight-artificial-currencies/](https://news.bitcoin.com/ecb-digital-euro-to-boost-global-appeal-of-european-money-fight-artificial-currencies/)

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