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Major Banks Urge Caution With European Union's CBDC Plans

The European Commission should evaluate the impact of issuing a digital euro, the Institute of International Finance said.

Updated May 11, 2023, 5:05 p.m. Published Jun 16, 2022, 4:04 p.m.
The EU is currently pondering whether to issue its own CBDC, a digital euro (D3Damon/Getty Images)
The EU is currently pondering whether to issue its own CBDC, a digital euro (D3Damon/Getty Images)