ECB eyes the adoption of digital euro

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The European Central Bank recently approved a plan that could lead directly to the adoption of the digital Euro within a few years.
According to ECB’s own statement, it has apparently initiated an “investigation phase” which will continue through the next two years and the purpose of which is to resolve a number of technical issues regarding the design and the distribution of the future digital coin.
The ECB did clarify, however, that its current initiative “will not prejudge any future decision on the possible issuance of a digital euro, which will come only later. In any event, a digital euro would complement cash, not replace it”.
It is a matter of time for the digital Euro to become a reality, I think.


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