ECB getting closer to digital euro

By Agence France-Presse

Oct 20, 2023 12:14 am

FRANKFURT, Germany: The European Central Bank (ECB) moved closer to creating a 'digital euro' on Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks.

The ECB's governing council has agreed to launch a two-year 'preparation phase' from November, the bank said in a statement.

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