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ECB Warns Legislative Delays Could Postpone Digital Euro Launch
(3 hours ago) · 1 source · Summarized by CryptoBipto
The European Central Bank has warned that delays in passing the necessary legislation could push back the launch of the digital euro. The ECB has been working on a central bank digital currency (CBDC) for the eurozone, but the project depends on legal frameworks that have not yet been finalized by EU lawmakers.
WHY IT MATTERS
A central bank digital currency, or CBDC, is a digital form of a country's official money, issued and backed by the central bank.
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SOURCES
- cointelegraph.com
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CBDCDigital EuroECBEU RegulationCentral Banking
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