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The European Central Bank (ECB) reaffirmed that a digital euro will coexist with physical cash, ensuring payment autonomy in Europe. ECB Executive Board member Piero Cipollone emphasized the importance of maintaining public money at the core of the financial system.
- The digital euro will coexist with physical cash, not replace it.
- ECB aims to preserve payment autonomy amid rising private digital currencies.
- Public money (cash and digital) remains central to Europe's financial system.
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