Despite such a situation, capital flows between the euro area and Japan are surging, and both economies are growing more interdependent in international capital markets. In the increasingly integrated global market, the euro area and Japan are becoming more and more dependent.
--Dear colleagues, I am not sure if a digital coin has a reverse side. But a proper physical one certainly does. So let’s look at the other side of the coin – the underlying risks and uncertainties related to the CBDC. Let me begin with the retail version of the currency.