ECB’s Panetta: Digital euro could be launched in three to four years
A digital euro could be launched in three or four years but banknotes will be available as long as there is demand for them, Fabio Panetta, a member of the…
ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
ECB says it can compensate banks if digital euro causes deposit flight
The European Central Bank could inject cash into the banking system if the introduction of a digital euro were to cause an outflow of deposits, ECB board member Fabio Panetta…
New Digital Euro Surprisingly Awful Code-Wise, Here’s Why
The French government recently unveiled its Central Bank Digital Currency (CBDC), aiming to modernize its financial system and provide a more efficient, transparent means of transactions. However, concerns have emerged…
European Parliament report recommends researching, but not launching, digital euro
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested.
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
Digital euro legalized by May 2023? European Commission weighs in
The European Commission is looking to bring a bill related to the digital euro towards the end of May 2023. According to a document published on the EU website, described…
ECB Promises No Limitations on Digital Euro
A European central bank digital currency could be programmed to pay rent monthly, but a government would not be able to program in control over how digital euros are spent.
Digital euro will be free but limited in scope, ECB says
The digital version of the euro currency will be free to use and available to all but the European Central Bank does not want to keep any personal data on…
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s…
