'Digital Euro Will Not Replace Cash,' Lagarde Tells Euronews as Negotiations Advance

European Central Bank President Christine Lagarde rejected claims in an exclusive interview with Euronews that the digital euro is designed to replace cash or allow the central bank to monitor payments, as the legislation entered a new phase following months of talks in the European Parliament. The digital euro will complement, not replace, cash, and the goal is not to trace payments, European Central Bank President Christine Lagarde told Euronews in an exclusive interview, rejecting claims that the project is designed to monitor citizens. The European Parliament approved its negotiating mandate on Thursday, bringing the legislation a step closer to...