The European Central Bank plans to start a two-year “preparation phase” for the digital euro on November 1, to finalize rules, select partners, and do testing
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro …
Reuters Francesco Canepa
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Discussion
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@lagarde
Christine Lagarde
on x
We need to prepare our currency for the future. While we haven't yet decided whether to issue a digital euro, we're getting ready. We envisage a digital euro as a digital form of cash that can be used for all digital payments, coexisting with physical cash, leaving no one behind.
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@smtuffy
Sean Tuffy
on x
The ECB's Digital Euro project is the pinnacle of big brained “how hard can retail financial services be?” thinking
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@zerohedge
@zerohedge
on x
ECB: PROCEEDS TO NEXT PHASE OF DIGITAL EURO PROJECT what was the first phase?
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@adelaigue
Alexandre Delaigue
on x
A digital euro is strongly needed, and would be a fine improvement in payments in Europe, said exactly no one ever
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@samcallah
Sam Callahan
on x
Watching the ECB shove its CBDC down the throats of a public that has clearly and repeatedly said that they do NOT want it has been a sight to behold. Everyone should be paying attention to the how the digital euro is slowly being rolled out against the will of the people.
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@torstenbell
Torsten Bell
on x
Shock. @ecb is no more relaxed about private digital currencies than @bankofengland
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@jonas__gross
Dr. Jonas Gross
on x
Now, it is official! The @ecb will proceed to the next phase of the digital euro project (preparation phase). The Preparation phase will provide the basis for a potential digital euro, with work to include finalising the rulebook and selecting providers. https://www.ecb.europa.eu…
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@eucouncil
EU Council
on x
The EU is considering developing a ‘digital euro’. Today, the @ecb decided to move on to the next phase of the project. 👇 Want to learn more about the digital euro project and its potential benefits? https://europa.eu/!NgcpCp
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@paddi_hansen
Patrick Hansen
on x
It's official, the ECB has concluded it's two year “investigation phase” of the digital euro (CBDC) and decided to move to the next phase of the project. This next phase will last again two years and was renamed from a “realisation phase” to a “preparation phase”. Ultimately,... …
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@ecb
@ecb
on x
Our Governing Council has decided to move to the next phase of the digital euro project. In November 2023 we will start laying the foundation for the possible issuance of a digital euro. A decision on issuing a digital euro will come at a later stage. https://www.ecb.europa.eu/..…