Italian Banks Are Ready to Trial a Digital Euro

[Tnoy30]

The Italian Banking Association (ABI) announced Thursday its banks are willing to pilot a digital euro. 

ABI, made up of over 700 Italian banking institutions, expressed its desire to help speed the implementation of a digital currency backed by the European Central Bank (ECB) by participating in related projects and experiments. Last year, ABI set up a working group to research digital and crypto assets.

The group shared 10 considerations for a digital euro in Thursday’s announcement, starting with, “Monetary stability and full compliance with the European regulatory framework must be preserved as a matter of priority.”
Read on: https://www.coindesk.com/italian-banks-are-ready-to-trial-a-digital-euro