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ECB launches digital euro project

Central bank supports European Commission plan for e-identity rollout across the eurozone

ECB + bridge

The Governing Council of the European Central Bank has unanimously agreed to begin investigating the launch of a digital euro.

Today’s (July 14) decision is a key step towards the future issuance of a central bank digital currency (CBDC) in the eurozone. The decision comes barely a week after the ECB adopted a new inflation target and monetary policy framework.

This investigation phase will last two years, and does not prejudge any decision regarding a CBDC issuance by the ECB. Additionally

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