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International Business Times
International Business Times
Business

ECB's Digital Euro Sparks Flurry Of Online Misinformation

The decision to create a digital euro -- essentially an electronic form of cash backed by the ECB -- has not been made yet and any possible launch would be years away (Credit: AFP)

European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of misinformation online, highlighting an uphill battle ahead to convince the public of the project's merits.

The decision to create a digital euro -- essentially an electronic form of cash backed by the ECB -- has not been made yet and any possible launch would be years away.

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