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Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

Updated Mar 8, 2024, 5:41 p.m. Published Nov 28, 2023, 3:27 p.m.
Former Bank of Spain Governor Miguel Fernandez Ordonez (CoinDesk)
Former Bank of Spain Governor Miguel Fernandez Ordonez (CoinDesk)