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.