Tag "digital euro"

Digital Euro Project Moves to Preparation Phase

Europe’s digital euro project is moving to its next stage of development and entering the preparation phase. This new phase will seek to establish the foundations for the potential issuance of a central bank digital currency (CBDC) with works to

Read More

EU Parliament Economic and Monetary Policies Unit Cautions ECB on Digital Currency Launch

The European Central Bank (ECB) is considering launching a retail central bank digital currency (CBDC), seeking improved payment efficiency, innovation and monetary sovereignty. However, there are several concerns about whether a so-called digital euro would be a good idea. Against

Read More

ECB Selects 5 Companies to Jointly Develop Prototype Digital Euro User Interfaces

The European Central Bank (ECB) will collaborate with five companies to develop potential user interfaces for the digital euro to test how well the technology behind a digital euro integrates with prototypes developed by companies. Simulated transactions will be initiated

Read More