
ECB launches digital euro preparation phase

The governing council of the European Central Bank (ECB) approved the launch of a new phase in the development of a digital euro today (October 18).
This new step, called the “preparation phase”, will start on November 1, 2023, and is initially envisioned to last for two years. Nonetheless, this is not a decision to issue a digital euro.
“We need to prepare our currency for the future,” said Christine Lagarde, president of the ECB, in a statement. “We envisage a digital euro as a digital form
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com