fromTechzine Global
1 week agoEU ministers agree on digital euro
On Friday, EU ministers reached an agreement on the next steps for the rollout of a digital euro. The electronic currency is intended to be an alternative to the dominant American payment systems of Visa and Mastercard. The ECB hopes to have the legislation ready by June. The ECB expects to have the legislation ready by June. After that, the bank will need another two and a half to three years to actually launch the digital euro.
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