The ECB is establishing seven new ‘workstreams’ to develop the digital euro rulebook, and experts in payments infrastructure and architecture were encouraged to apply by April 5.
The ECB Rulebook Development Group report provides an insight into the technical aspects of the European Union’s central bank digital currency design.
Eurosystem has initiated trials for blockchain-based interbank transfers, assessing solutions like Italy's TIPS Hash and France's Full-DLT, open to diverse financial institutions for participation between May and November 2024.
The European Central Bank recently held a meeting in which it outlined the themes it’s exploring, including assessing the demand for a wholesale CBDC and the need for atomic payments.
The digital euro project enters a new phase following the conclusion of the investigatory period, but while the EU inches closer to embracing a CBDC, it's far from being a done deal.
The preparation phase of the digital euro will formally kick off on November 1 and is projected to last for two years—with a keen focus on finalizing the 'digital euro rulebook.'
In a candid conversation with Charles Miller on CoinGeek Conversations, Yves Mersch shares his valuable insights on the world of digital currency, its regulation, and the distinct significance of the BSV blockchain.
The European Central Bank explores blockchain technology for CBDC settlements, plans trial in 2024 while progressing toward digital euro with focus on user privacy, inclusion, and commercial bank concerns.
Fabio Panetta of the ECB claims the proposed legislation on the region's digital euro would be beneficial to European citizens while keeping the monetary policy on a tight leash to avoid instability.
Bank of Spain Deputy Governor Margarita Delgado and EU authorities will spearhead the retail side of digital euro through private payment service providers with possible offerings outside eurozone.
The European Commission’s bill underpins the right of every resident in the eurozone to pay for free with the digital euro while protecting user privacy and security.
The European Central Bank intends to achieve financial inclusion through several initiatives, including providing physical digital euro payment cards, in-person support, and defunding through cash.
