The digital euro aims to preserve the role of cash in the digital era, ensuring secure, inclusive payments and protecting ...

Public and private money To understand the concept of a digital euro, it is necessary to make the distinction between central bank money and private money. The most tangible forms of central bank ...

With consumers increasingly using cashless ways to buy things, the European Central Bank took a step closer to issuing a digital version of the euro currency shared by 19 countries, saying it had ...

The Dutch central bank (DNB) said on Tuesday it would like to experiment with a digital currency issued by itself and other European central banks, as the use of cash rapidly diminishes. AMSTERDAM ...

A digital euro—a central bank digital currency (CBDC)—may be in the works if a proposal by members of the European Central Bank and the European Commission goes forward.

The central bank started looking into the feasibility of a digital euro in October 2021. One of the key pressure points is that the ECB has not been able to clearly communicate the added value of ...

The European Central Bank is moving ahead with efforts to create a digital version of the euro as the use of cash declines and China ramps up tests of its own e-yuan.

The European Central Bank released, a few months ago, a little-noticed working paper on how it sees central bank digital currency fitting in with its financial system. Though the European ...

The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday. By Sandali Handagama |Edited by Sheldon Reback UpdatedOct 18, 2023, 3:58 p.m ...

Titled “What We Must Do to Rebuild,” the study was released on Nov. 10. In the report, Deutsche Bank states that the ongoing COVID-19 pandemic has accelerated the “digital cash revolution.” ...

This article is for subscribers only. More than 85% of the world’s central banks are working on central bank digital currencies, according to the Bank for International Settlements.

Frankfurt, Germany – With consumers increasingly using cashless ways to buy things, the European Central Bank on Friday took a step closer to issuing a digital version of the euro currency ...