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The European Central Bank plans to complete studies on the digital euro by the end of autumn 2023. After that, the regulator will present the official concept of CBDC, according to the report of the ECB, published in the middle of this week. Its authors believe that the regional digital currency...
The Central Bank of France (Banque de France) has announced that it will begin experiments related to the digital euro. To this end, the bank has selected eight potential candidates to help integrate CBDC into interbank settlements. These are companies such as Accenture, HSBC, Societe Generale,...
The Italian Banking Association (ABI) announced last week that the country's banks are ready to test the digital euro. ABI includes more than 700 Italian banks. The association expressed a desire to help accelerate the introduction of the digital currency (CBDC) from the ECB by participating in...
In Europe, another Central Bank has joined the ranks of regulators with a keen interest in the cryptocurrency industry. The report of the Bank of the Netherlands says that the regulator allows its participation in the development and testing of the digital euro. Earlier, the Bank of France made a...
The Association of Private Banks of Germany, which includes more than 200 financial institutions, has called for the release of digital euro. Its creation will help the EU withstand competition from the United States and China, as well as prevent possible negative consequences from the launch of...
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