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ECB’s Panetta Says Digital Euro to Be Attractive, Not Redundant

  • Bank examining broad range of policy, legal, design questions
  • Cautions that project’s success shouldn’t be taken for granted
The European Central Bank's Headquarters Illuminated During Luminale Light Festival

Photographer: Martin Leissl/Bloomberg

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The European Central Bank will ensure its digital euro is attractive enough for users so it won’t be swept aside by other private means of payment, Executive Board member Fabio Panetta said.