Lagarde Says ECB Could Have Digital Currency Within Four Years

From bnnbloomberg.ca

European Central Bank President Christine Lagarde said her institution could launch a digital currency around the middle of this decade if her fellow policy makers give the project the green light this summer. “We need to make sure that we do it right - we owe it to the Europeans,” Lagarde said in a Bloomberg TV interview on Wednesday. “The whole process - let’s be realistic about it -- will in my view take another four years, maybe a little more.” The ECB is about to release an analysis of the 8,000 responses it received as part of a public consultation process on the potential launch of a central bank ... (full story)