The Governing Council of the European Central Bank (ECB) decided today to move to the next phase of the digital euro project: the preparation phase. This decision follows the completion of the investigation phase launched by the Eurosystem in October 2021 to explore possible design and distribution models for a digital euro.
What do European CBDC plans reveal?
Euroviews. European CBDC plans reveal diverse worldviews and peculiar bedfellows The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews.
What does CBDC stand for?
In stark contrast to its non-EU counterparts, the European Central Bank (ECB) unveiled its CBDC plans in November 2023 to introduce a retail Central Bank Digital Currency (CBDC), aligning its strategy with the Chinese approach for a retail CBDC.
