European Union governments agreed on a common position on the digital euro, marking an important milestone for the project ...

Discussion about the digital euro has been constantly growing since it was first announced back in 2021, with conflicting narratives and even conspiracies about the currency cropping up online as the ...

The Council today agreed its negotiating position on key proposals to strengthen the euro currency by enabling the introduction of a digital euro and by better clarifying the legal tender status of ...

Critics on both ends remain unconvinced. Some say the ECB’s cautious approach ducks systemic issues like entrenched banking power, while others view it as intrusive state meddling in a flourishing ...

According to a new survey conducted by management and technology consultancy BearingPoint in seven European countries, cash is the most frequently used payment method. On average, one out of four ...

Europe's central bank announced Thursday it had selected several key vendors to develop components for its planned digital euro, a significant step in its project to launch a central bank digital ...

A broad coalition drawn from across the ranks of Europe’s tech industry is calling for “radical action” from European Union lawmakers to shrink reliance on foreign-owned digital infrastructure and ...

The ECB said it had reached agreements with seven entities responsible for components of the digital euro, potentially launching in 2029. The European Central Bank (ECB), as part of its preparation ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Central Bank (ECB) has been working on developing ...

Numerous rumours about the digital euro have been circulating on social media for months. According to some users, the currency will be used to monitor financial transactions or could even threaten ...