European Banking Federation shares its imaginative and prescient of digital euro, wCBDC, financial institution tokens

The European Banking Federation (EBF) has launched a paper detailing its imaginative and prescient for the digital cash ecosystem of the long run, and the retail digital euro particularly. The rigorously worded paper expressed values and issues concerning the digital euro from the attitude of economic banks.

The paper, launched on March 28, emphasised the financial institution’s values, akin to stability and privateness. It known as for nearer public-private partnership within the introduction of the digital euro. “There may be at the moment no dialogue in place to deal with the basic adjustments and dangers to the financial and monetary system,” the paper stated. On the similar time, there must be a framework for everlasting high-level engagement.

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