The governing council of the European Central Financial institution (ECB) has introduced it’ll start the ”preparation part” for the digital euro undertaking following a two-year investigation.
In an Oct. 18 discover, the ECB stated it plans to “begin laying the muse for the attainable issuance of a digital euro” starting on Nov. 1, including the issuance of a central financial institution digital forex (CBDC) was not a foregone conclusion. The announcement adopted the discharge of a 44-page report on a possible digital euro’s design and distribution.
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