Speaking at the European University Institute’s (EUI) State of the Union forum, Lagarde noted she believes a digital euro could be a "lot more inclusive," as well as cheaper, more efficient and faster, but pointed out many technical issues need to be considered before a decision is made on the matter.
The ECB president added that the decision on a digital euro is "too important to be left" to the bank alone and that European governments need to be involved in the decision, due to issues such as privacy. She also stressed that commercial banks have expressed worries over such a digital asset.