A “growing number” of Europeans would support the creation of national digital currencies with the specific aim of asserting “some monetary independence” from the European Union, according to a survey commissioned by Euronews... More
Digital euro
Estonia’s central bank tests blockchain-powered digital euro solution
Eesti Pank, the central bank of Estonia, has tested a blockchain-powered technical solution for the use of a digital euro central bank digital currency (CBDC) that it says is capable of handling more than 300,000 simultaneous payments a second and enables payees to receive a payment in less than two seconds... More
European Central Bank officially launches digital euro project
The European Central Bank (ECB) has officially launched its digital euro project with a two-year investigation into key issues regarding the design, distribution and use of a central bank digital currency (CBDC)... More
Retail CBDC projects ‘particularly strong’ in emerging economies, PwC index shows
Projects to develop a retail central bank digital currency (CBDC) for use by consumers and businesses are “more advanced” and “particularly strong” in emerging economies, according to analysis by global consultancy firm PwC... More
ECB survey reveals Europeans expect digital euro to be private, secure and easy to use
More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey... More
EU to debut digital euro project this year?
The European Commission and the European Central Bank (ECB) are to consider launching a digital euro project towards the middle of 2021. “Such a project would answer key design and technical questions,” the two institutions say in a joint statement. More
European Central Bank launches public consultation on digital euro
The European Central Bank (ECB) has launched an online survey that enables consumers and industry experts to express their priorities, preferences and concerns about the issuance of a digital euro as a central bank digital currency (CBDC) and means of payment in the euro area... More
European Central Bank sets out case for a digital euro
The introduction of a digital euro “would support Europe’s drive towards continued innovation”, “strengthen the international role of the euro” and provide consumers with “free access to a simple, universally accepted, risk-free and trusted means of payment”, according to a new report published by the European Central Bank (ECB)... More