Morgan Stanley analyst: Euro Digital could steal 8% of customers from eurozone banks

06月
16
2021-6-16 07:53
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Morgan Stanley analysts estimate the digital euro will wipe out 8% of eurozone bank users, or about 873 billion euros (US $ 1058.4 billion), according to a Reuters report. In small countries, this ratio may be higher. European Central Bank to speed up digital euro rollout in coming months, announcement could take years, but scientists have studied the implications.

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