The European Central Bank (ECB) is finalizing prototypes for a digital euro. The ECB enlisted input from various industry participants to affirm the technical potential and the availability of ...

The digital euro is not any euro that doesn’t take the form of coins or banknotes, and it doesn’t already exist. Many European officials, however, wish that it did.

The European Central Bank is moving ahead with efforts to create a digital version of the euro as the use of cash declines and China ramps up tests of its own e-yuan. CNN values your feedback 1.

With consumers increasingly using cashless ways to buy things, the European Central Bank took a step closer to issuing a digital version of the euro currency shared by 19 countries, saying it had ...

The central bank digital currency could fail if it doesn't offer something more than cash and credit cards do, industry representatives remarked.

Today, no single European digital payment system covers the entire currency bloc, leaving much of Europe dependent on non-European card networks. The ECB hopes the Digital Euro will reduce this ...

The European Central Bank sees the digital euro as a path to greater financial sovereignty and efficiency, providing a secure, real-time European payment solution. These initiatives promise progress.

The European Central Bank said Wednesday it would push ahead with plans to develop a digital euro, ... Europe lacks a homegrown alternative to U.S. card-payment systems such as Mastercard and Visa.

Europe has begun laying the groundwork for a digital currency. The European Commission—the executive arm of the European Union—published draft rules Wednesday that will govern the creation and ...

The report on a digital euro published by the ECB is an important document on the topic of the day. Although there is a whiff of "CBDC theater" about it; it does lay out the problem in detail. Now ...

The German retail sector carries out around 20 billion transactions every year. An efficiently designed digital euro could "optimize existing payment systems" and "create a basic infrastructure ...