The Netherlands is positioned as the future leader of “Crypto-Euro”

The Netherlands is positioned as the future leader of “Crypto-Euro”


Whether Uncle Sam carries it or not in his heart, President Nicolas Maduro's Petro is ahead of Western countries which are slow to release their crypto-national or regional, in the case of European countries. Will the current health crisis and economic crisis act as a catalyst to hope for a crypto-dollar and a crypto-euro by the end of the year?

 

In a report published on April 21, 2020, the Central Bank of the Netherlands said it was "ready to play a major role" in the research and development of a national and European cryptocurrency. The report says the Netherlands would be an appropriate testing ground for a crypto-euro, a European digital currency that should make cross-border payments faster and cheaper for member states. Nearly two-thirds of payments in the Netherlands were made in the form of digital payments, a decrease in cash payments due in particular to the COVID-19 pandemic: many merchants who remain open during the pandemic ask their customers not to pay in cash, to limit the risk of spreading the virus.

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