European Central Bank | Crypto

The European Central Bank has selected several firms to provide core services for a potential digital euro, advancing preparations for a central bank digital currency that could one day complement cash in the eurozone, according to a release dated October 2. The move comes amid calls to accelerate the development of a euro central bank digital currency, […] The post European Central Bank advances digital euro, selects service providers appeared first on CryptoSlate.

The European Central Bank said that its proposed digital euro would strengthen Europe’s defenses against cyber and infrastructure disruptions while ensuring broad access to digital payments. Piero Cipollone, a member of the ECB’s Executive Board, told the European Parliament’s Economic and Monetary Affairs Committee that resilience and inclusiveness must be central features as the bloc […] The post European Central Bank touts digital euro as key to payment security and inclusivity appeared first on CryptoSlate.