The European Central Bank (ECB) has reported that crypto payments still haven't gained real traction in online shopping across the Eurozone. Even though digital assets are getting plenty of attention, their actual use in e-commerce is still pretty limited.

ECB Weighs In

According to the ECB, crypto hasn't carved out a meaningful share among payment options in Eurozone online stores. The report points out that tried-and-true payment methods are still dominating e-commerce.

Why Aren't Crypto Payments Taking Off?

The report doesn't list specific reasons, but experts chalk up crypto's slow adoption to a few big factors: asset volatility and the lack of large-scale infrastructure to support crypto payments in online retail.

Regulators Eye the Future

The ECB says it's keeping a close eye on the crypto market and how digital assets are being used in payment systems. The regulator is weighing both the risks and opportunities that come with bringing new tech into the Eurozone's financial sector.