Its takes to much time to understand the importance of digital currencies. But now countries institutions and authorities are working on crypto to regularize or to create a new official coin system. Follow the same pattern ECB or European Central Bank is working on digital currency to create ease for the people.
Christine Lagarde, President of ECB “My personal conviction is that, given the developments we are seeing, not so much in the bitcoin segment but in the stablecoins projects, and we only know of one at the moment but there are others being explored and underway at the moment," More Said "We’d better be ahead of the curve, if that happens. Because there is clearly demand out there that we have to respond to."
She Added “My personal conviction on the issue of stable coins is that we better be ahead of the curve. There is clearly demand out there that we have to respond to,”