Advertise On EU-Digest

Annual Advertising Rates

6/28/23

EU: Commission considers a digital EU currency

With more and more people using digital tools for their daily transactions, the European Commission on Wednesday presented a proposal to initiate a digital euro.

Digital currencies have been surging in popularity over the last few years as cryptocurrencies like Bitcoin have entered the mainstream. But unlike Bitcoin, the digital euro would be a Central Bank Digital Currency (CBDC), essentialy electronic cash.

The aim would be to give consumers an alternative European-wide payment solution, in addition to the options that exist today, the Commission says.

Read more at : https://www.euronews.com

No comments: