Reuters
ECB’s Rehn sees several benefits to possible digital euro
HELSINKI (Reuters) -A possible digital euro currency, which the European Central Bank is studying, could have several benefits such as facilitating cross-border payments and providing a digital monetary anchor, Finnish ECB policymaker Olli Rehn said on Tuesday. The investigation phase for the digital euro is expected to be concluded in October 2023, Rehn said in a speech at the University of California, published on Wednesday. The ECB would then decide whether to start building a digital euro, Rehn said.