The European Commission has announced that a bill for a digital euro will be proposed in 2023., EC finance chief Mairead McGuinness officially disclosed the EU’s formal consideration of digital euro legislation at a fintech conference on Wednesday.
The European Central Bank is already experimenting with designs and systems for a digital euro, with a prototype expected sometime in late-2023. If a digital euro is to be implemented, it will require the seal of approval from Eurozone governors. If they give the green light, then the digital euro could be ready for issuance by 2025.
Source: News Formal (newsformal.com)
UE bit too late in the game. Circle just have their USDC for years.
gr8 news !
They are going to post big announcement soon. Meta2Earn
what is this nonsense? the euro is already mostly digital with only a fraction of total supply being physical what would be the difference?
If Bitcoin is not mass adopted at this point it's definitely the end of (financial) freedom for everybody who doesn't own Bitcoin..
Bitcoin is all you need
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