Bank of Italy Governor Fabio Panetta Outlines Future for Digital Currencies and Financial Anchors
Governor Fabio Panetta stated that commercial bank money will become fully digital to anchor the monetary system alongside central bank money in the future.
洞察:
fabio panetta, the Governor of the Bank of Italy 
ITand former European Central Bank 
EUexecutive board member who previously led the digital euro project, stated today that commercial bank money will become fully digital in the future. Speaking at the banking association in Italyon January 21, 2026, fabio panetta explained that both central bank money and private commercial bank money will continue to serve as the joint anchors of the monetary system. He emphasized that the financial landscape will remain centered around these two traditional pillars, both of which must adapt to a digitalized economy to maintain their relevance.
ITand former European Central Bank EUexecutive board member who previously led the digital euro project, stated today that commercial bank money will become fully digital in the future. Speaking at the banking association in Italyon January 21, 2026, fabio panetta explained that both central bank money and private commercial bank money will continue to serve as the joint anchors of the monetary system. He emphasized that the financial landscape will remain centered around these two traditional pillars, both of which must adapt to a digitalized economy to maintain their relevance.
