• Kusimulkku@lemm.ee
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    11 months ago

    The wider context makes a bit more sense imo

    A regulator-supervisor should not be a market participant,” said Ignazio Angeloni, a professor at the European University Institute in Florence. “It would be like if a referee was also a player … the digital euro would break this rule.”

    If too successful, the digital euro project could give people a risk-free place to hold their money, policymakers worry— undermining the commercial deposits that enable banks to lend to the economy.

    Makes sense to me as a worry. It would be disruptive, though I’d hope it would be disruptive in a good way.