US EditionCouncil prioritizes privacy, banking concerns in digital euro deal
17 Articles
17 Articles
The Council of the European Union approved its position on digital euro negotiations on Friday, supporting a model that includes both online and offline use of the digital currency, unlike previous European Parliament proposals, which focused exclusively on the functioning of the offline network, reports Reuters.
EU governments agree common ground to drive ahead with digital euro
European Union governments agreed on a common position on the digital euro, marking an important milestone for the project that is seen as crucial for the bloc's monetary sovereignty and the joint currency's global role as the US touts dollar-denominated stablecoins.
The countries of the European Union agreed this Friday their negotiating position for the future creation of a digital euro that complements cash, which will have a strengthened legal status and will always have to be accepted to pay for goods and services or repay debts even when the digital currency is fully operational. In a statement, the Council of the European Union pointed out that the digital euro, a future public tool and supported by t…
The Council of the European Union announced on Friday that it approved its position of negotiations on the introduction of a digital euro, which could be used for the implementation of the transactions. "The Council agreed today...
EU Clears Path for Always-On Digital Euro, Online and Offline
What Did the EU Council Decide on the Digital Euro? EU member state governments have agreed on a negotiating position that would allow the digital euro to function both online and offline, moving away from earlier proposals in the European Parliament that leaned toward an offline-only design. The position, endorsed on Friday by the Council of the European Union, supports a digital currency issued by the European Central Bank that can be used “an…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
