Digital Euro Is Key for Crisis Resilience, Italy’s Scotti Says

Europe needs a digital euro to ensure transactions can still flow during an emergency that could hobble conventional payment systems, Bank of Italy Deputy Governor Chiara Scotti.

Speaking on Bloomberg’s Italian-language podcast, Quello Che i Soldi Non Dicono, the former Dallas Federal Reserve official said that continuity of service is a practical benefit to the European Central Bank project that complements its priorities of protecting monetary sovereignty and economic security.