Posted 10/18/2023, 1:32:48 PM
EU Begins Preparations for Potential Digital Euro Launch After Initial Investigation
- Governing Council moving to preparation phase for potential digital euro after 2-year investigation phase
- Preparation phase involves finalizing rulebook, selecting platform providers, testing, and public engagement
- Envisioned design digital form of cash, widely accessible, highest privacy, instant settlement
- Main goals resilience, competition, innovation in European payments; no one left behind
- Close cooperation with EU legislators, stakeholders, public throughout project
