ECB sees no "business case" for digital currency yet: Mersch


FRANKFURT (Reuters) - The European Central Bank currently sees no "business case" for launching its own digital currency but is looking at how one would work should that change, ECB board member Yves Mersch said on Monday.
"The lack of a concrete 'business case' for a CBDC (Central Bank Digital Currency) at present should and does not stop us from seriously exploring the optimal design of a CBDC so that we will be well prepared should we ever take (that) policy decision," Mersch told a virtual conference.
Other posts
Within the first 10 months of Fortnite being released in July 2017, there were 125 million registered players and the game had taken $1.2 billion in net revenue. In April 2018, the game was launched on iPhone, where it reportedly made $2 million a day. This resulted in a revenue of $2.4 billion in 2018.
