Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: mlawson71 on February 17, 2022, 04:15:08 PM
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The European Commission is expected to begin public consulations on the digital Euro in March, according to recent reports. What is more, the EC will also start outlining the laws that will govern the digital Euro. The first results are likely to come out in 2023.
The European Commission is likely to introduce the draft in 2023, but before that is completed they apparently wish to hold a public consultation on the project, since they are interested in the practical use of the coin in everyday transactions.
The EC also intends to synchronize the bill with the governments and legal framework of all its member states before the legislation gets adopted. The ECB is apparently already conducting tests on the digital Euro and they hope to have a prototype for it by the end of 2023.
Source (https://scamosafe.com/digital-euro-consultations-in-the-european-commission-are-expected-in-march/)
It looks like a digital Euro is inevitable. I am curious when the American government will start testing the idea of a digital Dollar too.