September 20, 2021

[Ticker] ECB to do in-depth study of 'digital euro'

The European Central Financial institution (ECB) is urgent forward with plans to launch a digital model of the euro, it stated Wednesday, unveiling a brand new two-year “investigation period”. The time can be used to create a design for the forex, see the way it matches with EU legal guidelines, and study data-privacy considerations arising from its use. The digital euro wouldn’t change the bodily one, however can be used alongside it.

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