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Digital Euro
ECB Finalizes Digital Euro Prototypes as Development Decision Looms
The European Central Bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency.
Digital Euro Holdings Shouldn't Be Capped, Study Says
The research, commissioned by the European Parliament, counters an argument that the currency should be used only for daily transactions, not as a source of savings.
Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says
The central bank wants the CBDC to be universally accepted and potentially usable by those without bank accounts.
EU Lawmakers Skeptical on Digital Euro Plans
Members of the European Parliament seem nonplussed as they prepare for legislation on the central bank digital currency.
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.
Online Transactions, Peer-to-Peer Payments Should Be Priorities With Digital Euro, ECB Says
Transfers in stores and to governments could take longer to develop, but basic personal use should be free, the European Central Bank said.
Digital Euro Will Never Be Programmable, ECB’s Panetta Says
Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency.
European Finance Ministers Take Stock of Digital Euro Progress
Eurogroup, the body comprised of European finance ministers, said the introduction of a digital euro requires political decisions that should be discussed and taken at the political level.
Private Banks to Manage Future Digital Euro Wallets, Transactions
The European Central Bank's new progress report on a central bank digital currency outlines the role of financial intermediaries.
CBDCs May Need Global Regulation, EU Commissioner Says
Paolo Gentiloni says a series of international agreements may be needed to stop state-backed digital currencies from infringing on countries' sovereignty.
