April 21, 2025

ECB publishes first progress report on CBDC development

1 min read

The European Central Bank (ECB) has released its first progress report on the development of a central bank digital currency (CBDC). The June 24 update emphasizes the ECB’s efforts in creating a secure, private, and efficient digital payment system. The ECB states that it is committed to ensuring the highest privacy standards for online and

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