EU Plans for Digital Euro
The European Commission says it will propose a bill to create a digital euro in 2023 – setting out the legal foundation for ongoing work by the European Central Bank.
(Tech Radar)
"If we don’t satisfy this demand, then others will do it" - ECB Executive Board member Fabio Panetta said.
The ECB stated that the digital euro would not “replace cash” but “compliment it,” and would be “accessible to all citizens and firms."
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