Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA

A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Source: https://www.coindesk.com/mass-adopted-digital-euro-could-be-bad-for-banks-bofa-report

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