The ECB president admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community.

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A widely shared video of European Central Bank President Christine Lagarde admitting that a digital euro will be used in a “limited” way to control the payments that people can make was taken from a three-week-old prank video.

The video was highlighted by the breaking news account Watcher Guru on April 6 and generated a significant amount of social media chatter. In it, Lagarde cited a desire to not be reliant on an “unfriendly countries currency,” or a currency provided by a “private corporate entity like Facebook or like Google.”  She said she is “personally convinced that we have to move ahead” with the digital euro.

To read more visit CoinTelegraph.

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