“The digital euro’s online and offline functionalities will complement one another, combining the convenience of digital payments with the resilience and accessibility of cash – allowing the digital euro to be used in any situation, from e-commerce platforms to remote areas without network coverage,” Cipollone said Monday in Brussels.
European Central Bank Executive Board member Piero Cipollone
Photographer: Krisztian Bocsi/Bloomberg
Speaking at a hearing of the European Parliament, Cipollone said consumers, merchants and banks “all stand to benefit,” while reducing the dependencies ...