FRANKFURT, Oct. 2 (Xinhua) -- The European Central Bank (ECB) on Friday published a report on the possible issuance of a central bank digital currency (CBDC), or the digital euro, saying that the Eurosystem will consider whether to start a digital euro project towards mid-2021.
"Europeans are increasingly turning to digital in the ways they spend, save and invest. Our role is to secure trust in money. This means making sure the euro is fit for the digital age. We should be prepared to issue a digital euro, should the need arise," ECB President Christine Lagarde said in a statement.