CBDCs Could Need Global Regulation, EU Commissioner Says

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“How do you avoid the risk of infringing the sovereignty of other jurisdictions through a digital currency… while developing a digital currency with global ambition, as the digital euro will be?” said Gentiloni, who is responsible for economics at the European Commission, the EU’s executive arm. Gentiloni was speaking at a conference on the digital euro, organized by the Commission and the European Central Bank.

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