In 2023, only 20% confirmed that they would use the digital euro to complement their regular payment methods, while 65% replied negatively.
The country’s population doesn’t demonstrate as high a confidence level in the European Central Bank’s digital currency project as the government does, according to the survey.As the Bank of Spain embraces the potential adoption of a digital euro, the country’s population doesn’t appear to have the same strong appetite for the European Central Bank’s digital currency project.by the Bank of Spain entitled “Study on the habits in use of cash.
The study revealed that only 20% of the general public knows about a “digital euro.” The number among small businessmen is roughly the same, 23%. However, this question was posed in 2022.In 2023, only 20% confirmed that they would use the digital euro to complement their regular payment methods, while 65% said they would not. A year ago, these numbers favored the CBDC more: in 2022, only 58% responded with a “No” to that question.
The age group showing the most enthusiasm for the digital euro is the youth — 36% of this cohort said they would use the currency. This proportion gradually declines in age progression: 31% among the age 25-34, 24% among the age 35-44, 18% among the 55-64, and only 7% for those older than 65.. The bank claimed that the physical cash format “does not allow to exploit all the advantages offered by the growing digitalization of the economy and society.
Spain has recently demonstrated its firm commitment to the EU cause regarding the digital economy, and has decided to implement the Markets in Crypto Assets , a pan-EU crypto framework, six months
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best 65-inch TV deals: Get a 65-inch 4K TV for under $300We've gathered the best discounts on 65-inch TVs from Samsung, LG, Sony and more.
Read more »
65 Best Gifts for Teen Boys in 2023, From Gamers to AthletesThe best gifts for teen boys can feel impossible to track down—but we found 57 stellar options, from TikTok-famous gadgets to gaming essentials.
Read more »
2023 Sao Paulo Grand Prix 2023 Odds, Picks, and Predictions: Can Max Keep Running the Gauntlet?Formula 1 2023 Sao Paulo Grand Prix odds, picks, and predictions. F1 betting picks and driver odds at Autodromo de Interlagos on November 5.
Read more »
This horror sequel is the most popular Halloween movie in N.J. in 2023, survey saysHere are the top five Halloween movies in New Jersey and the United States, according to a survey from Hubscore.co
Read more »
American Community Survey is legitimate survey conducted by US Census BureauWithout a doubt, this is the one piece of mail the News 8 On Your Side team gets the most questions about.
Read more »
Former Ohio nurse’s aid receives 65 years behind bars after stealing from elderly residentsA former Ohio nurse's aid who admitted to the theft of jewelry and other valuable items from assisted living facilities has received a reaffirmed 65-year prison sentence.
Read more »