More experiments in the space.
Why is the ECB eyeing a 'digital euro'? by Florian Cazeresin Techxplore
A digital euro would complement, not replace cash
The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club. The move comes as the pandemic accelerates a shift away from cash, and as policymakers nervously eye the rise of private cryptocurrencies like Bitcoin.
Here's an explainer of what a "digital euro" would mean for the region's citizens.
What is a digital euro? A digital, or virtual, euro would be an electronic version of euro notes and coins, it would be legal tender and guaranteed by the European Central Bank. .... '
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