Commission wants digital euro as legal t • Table.Briefings

The proposal for the digital euro will officially be released at the end of the month. However, the draft that is already circulating indicates that the EU Commission largely aligns with the ECB’s vision of a digital payment currency. The initial reactions are mixed.

The digital euro is to become a legal tender in the EU. Private individuals will be able to use it online and offline, with basic payment functions being free of charge. However, there is to be a cap on accounts for the digital euro, which the ECB has yet to set. That’s according to the EU Commission’s regulatory proposal for the introduction of the digital euro, which it plans to present on June 28. A draft is already circulating, which is available to Table.Media.

Commission wants digital euro as legal tender

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