ECB officials move to ‘preparation phase’ for digital euro

by Aurelia Butler 18 October 2023, 21:40 189 Views

In an Oct. 18 notice, the ECB said it plans to “start laying the foundation for the possible issuance of a digital euro” beginning on Nov. 1, adding the issuance of a central bank digital currency (CBDC) was not a foregone conclusion. The announcement followed the release of a 44-page report on a potential digital euro’s design and distribution.

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ECB officials move to ‘preparation phase’ for digital euro

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