![European CBDC Not a Pressing Need for EU Payments, Spain Central Bank Chief Pablo Hernández de Cos Says European CBDC Not a Pressing Need for EU Payments, Spain Central Bank Chief Pablo Hernández de Cos Says](https://digitallifegaming.com/wp-content/uploads/2023/11/I6XVWGUEY5EGBAMO4XIHQA3W24-768x402.jpg)
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“I believe it is our responsibility – not only the central bank’s, but also the financial industry’s – to be ready to ensure that a service which is key to society’s well-being, as the payment system is, does not come under threat. Therefore, and irrespective of the decision which is ultimately made, I believe that all the Eurosystem’s past and future efforts are fully warranted,” Hernández de Cos said.
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