The Italian Banking Association, which represents over 700 Italian banks, is ready to start work on a European Central Bank project
The Italian Banking Association on Thursday stated the willingness of its members to partake in any of the European Central Bank’s digital currency projects.
Developing a central bank digital currency, or CBDC, could replace demand for cryptocurrencies, it said.
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https://decrypt.co/33151/italian-banks-ready-europe-wide-digital-currency