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Euronews
Euronews
Paula Soler

ECB: Digital euro will be 'profit-making' for payment service providers

If launched, the digital euro will be “profit-making” for payment service providers, Piero Cipollone, a member of the European Central Bank’s (ECB) executive board, reassured MEPs on Thursday.

“We do not have the impression that this project will be loss-making. I think this is an assumption that needs to be proved,” Cipollone told members of the European Parliament’s economic affairs committee in Brussels.

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