✉news BusinessBanking first seen 4 h ago, last 56 min ago, peak #3
Europe urged to allow interest on digital money
Original: Europe should stop banning interest on digital money
The Bruegel think tank argues that Europe should stop banning interest payments on digital money, calling current restrictions outdated. The proposal would allow holders of digital euros or similar instruments to earn returns, touching on an ongoing debate over the design of central bank digital currencies and how they compete with commercial bank deposits.
Why now: Policymakers and economists are actively debating the design of a potential digital euro, including whether it should pay interest.
BruegelEuropean UnionEuropean Central Bank
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