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ECB Digital Euro Is on the Way, and Should Empower EU

  • The European Central Bank (ECB) is pushing for Digital Euro adoption and is already finalizing three years of work on the standard of its implementation and operation.
  • The ECB sees the Digital Euro as an opportunity to strengthen EU financial security, resilience, and sovereignty.
  • The ECB is in the process of finalizing the rulebook and selecting partners to develop a digital euro platform and infrastructure.
  • The main objectives of the Digital Euro are to empower Europe's financial sovereignty, improve the financial sector, enhance usability and privacy of European citizens' data.

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