ECB Chief Christine Lagarde: EU’s Digital Euro Set for Potential Launch by October

Speaking from Davos, European Central Bank chief Christine Lagarde hopes to launch the EU's new CBDC—the digital euro—by October this year.

"Blockchain [technology]... can be used also by a central bank... to support digital currencies, which we are working on actively, and to also embed on a simplified digital ledger a lot of data and information that can instantly travel to those interested in the transaction."

"There are big transformations afoot in that field."