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 […]