The Views Magazine's April issue featured the opinions of private and public banking institutions on the digital euro, as stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC). Evelien Witlox, the program manager of digital euro at the European Central Bank (ECB), laid out three digital euro use cases prioritized by the ECB. Private bankers raised concerns about the digital euro's impact on their business model, but Burkhard Balz, a member of the executive board at Deutsche Bundesbank, believes that the private sector should run the distribution of the digital euro. The magazine also features interviews with American and Asian officials on the prospects of crypto regulation in general. On April 24, the ECB released its third progress report on digital euro design, featuring onboarding by payment service providers, touchless in-store sales, online and cross-border functionalities.
(By DAVID ATTLEE)
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