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Digital euro to get thumbs up or thumbs down in 2023
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finextra.comreport details a second set of design and distribution options that were recently endorsed by the ECB's Governing Council and describes:the role of intermediaries, responsible for the onboarding of end-users, anti-money laundering checks and consumer-facing services, such as payment initiation solutions;the settlement model, which defines who will settle online or offline transactions;the way in which funding and defunding will take place to allow users to convert cash and money from a bank account into digital euro;the distribution model. A digital euro scheme is envisaged since it is best suited to guaranteeing that all euro area citizens can pay and be paid in digital euro.
Read more on finextra.comAbout this in other media
Are we ready for the political compromises a digital currency may warrant? business-standard.com /1 year ago
Central Bank Digital Currency: Turkey's Central Bank Conducts First Transactions of Digital Lira – Will Other Countries Follow Suit? cryptonews.com /1 year ago
Former Chinese central banker says digital yuan ‘usage has been low’ cointelegraph.com /1 year ago
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