FILE PHOTO: Piero Cipollone, deputy governor of the Bank of Italy, poses in Rome, Italy, 2015, in this handout picture. Banca d'Italia's official website/Handout via REUTERS/File Photo
FRANKFURT/BRUSSELS (Reuters) -The European Central Bank's plans to issue a digital euro face an uphill battle in the European Parliament as some lawmakers fear it will upend the banking sector, violate citizens' privacy and stifle innovation.
The ECB renewed its pitch for a digital currency - essentially an online wallet guaranteed by the central bank - before lawmakers on Thursday.
