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German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty - The Daily Hodl

Summary by The Daily Hodl
The president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at the Official Monetary and Financial Institutions Forum (OMFIF) think tank, the president of the Deutsche Bundesbank, Joachim Nagel, says he supports a CBDC. The OMFIF cites Nagel saying that “CBDCs will play a role in the future resilience” of Europe and will assist in protecting the sovereig…
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The Daily Hodl broke the news in on Wednesday, February 19, 2025.
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