ECB publishes report on payment preferences as part of digital euro investigation phase. Respondents want a one-stop-solution that would incorporate all the current payment options into one system.

March 29, 2022 / Nocashevents / Comments Off on ECB publishes report on payment preferences as part of digital euro investigation phase. Respondents want a one-stop-solution that would incorporate all the current payment options into one system.

The European Central Bank (ECB) published the findings of its commissioned research on citizens’ payment habits and their attitudes towards digital payments in order to gain a deeper understanding of user preferences as part of the digital euro project. Based on the responses of focus groups and online communities across all euro area countries, the report shows a strong preference for payment methods with pan-European reach and universal acceptance in physical shops and online. Users […]

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EU to propose legislative framework for a digital euro in ‘early 2023’

February 16, 2022 / Nocashevents / Comments Off on EU to propose legislative framework for a digital euro in ‘early 2023’

The legislative process is timed in lockstep with the European Central Bank’s in-house experiments on virtual currency. The European Commission announced Wednesday it’s planning to propose a bill for a digital euro early next year, according to POLITICO. The bill will serve as the legal foundation for the European Central Bank’s ongoing technical work on the virtual version of a euro banknote or coin. The ECB is currently carrying out in-house experiments with […]

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