Digital currencies no threat to ECB yet – Draghi

The adoption of digital currencies in the euro zone and their impact on its economy are limited, meaning they do not pose a threat to the European Central Bank’s hold on the money supply, the ECB’s President said on Monday.

“We think that all this is pretty limited,” Mario Draghi told the European Parliament. “So it’s not yet something that could constitute a risk for central banks.”
Source: Reuters (Reporting By Francesco Canepa; editing by John Stonestreet)