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Digital euro settlement, distribution options detailed in latest progress report

The report outlined the roles of the Eurosystem and intermediaries and established that supervised intermediaries would be responsible for all management and user-facing roles in the system. The central banks that make up the Eurosystem would verify and record transactions, correct errors in that process and bear responsibility for their accuracy. Nonetheless, “the digital euro would be designed so that it minimised Eurosystem involvement in the processing of user data,” the report stated.

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Source: Cryptocurrency - investing.com

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