(THREAD) Innovation in payments enables easier and faster interactions in the digital age, said ECB President @Lagarde at the @Bundesbank's conference on banking and payments in the digital world. But it also comes in new forms that raise important questions 1/3 https://twitter.com/Lagarde/status/1304108514101596160

How we pay and the systems that support our payments must continue to modernise along with European consumers’ preferences. It is our duty to ensure that people have access to riskless and state-of-the-art payment services that reflect our changing economy 2/3

We are exploring the benefits and risks of a central bank digital currency. The Eurosystem has not made a decision whether to introduce a digital euro and will continue to ensure that all citizens have access to banknotes at all times. Read the speech https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200910~31e6ae9835.en.html 3/3