A video of European Central Bank (ECB) President Christine Lagarde admitting to the limited control over payments that a digital euro would allow has been revealed to be a prank video from March 17. The video had been widely shared on social media, generating significant chatter. In the prank video, Lagarde appears to speak candidly to Ukraine President Volodymyr Zelensky, admitting that there would be a "limited amount of control" over payments with a digital euro. However, she also noted that terrorist attacks have been financed by small, anonymous transactions. The ECB began investigating a digital euro in July 2021, with a decision about its launch expected in October 2023. The crypto community has criticized Lagarde's comments, with some suggesting that they will push people towards using decentralized currencies such as Bitcoin. (Cointelegraph)
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