ECB board member Piero Cipollone laid out the three-layer threat banks face from digital payments, and pitched the digital euro as the only structural answer. According to Decrypt, ecb board member piero cipollone laid out the three-layer threat banks face from digital payments, and pitched the digital euro as the only structural answer.. The development comes amid ongoing regulatory scrutiny in the sector. Decrypt reports that this marks a significant milestone for the industry. The Decrypt report provides additional context on the implications for market participants and regulatory frameworks moving forward.
