German Finance Minister Olaf Scholz wants to introduce digital euro

German Finance Minister and Vice Chancellor Olaf Scholz advocated the creation of a national digital currency.

Such a payment system would be useful for Europe and its integration into the global financial system, – Scholz was quoted as saying by local business news magazine WiWo

Only last month, Germany adopted a blockchain strategy prohibiting the issue of any parallel currencies in the country. Then Scholz said:

A key element of state sovereignty is the issue of currency; we will not provide this opportunity to private companies.

In turn, the idea of ​​a digital dollar was alsoproposed by some US lawmakers. Last week, Representative French Hill (R-Arkansas) and Rep. Bill Foster (D-Illinois) asked the Federal Reserve, the country's central bank, to consider creating a “national digital currency.”

The Central Bank of China, on the other hand, is “ready” to issue a digital version of its renminbi at the end of this or the beginning of next year.