EU Parliament committee adopts legal framework for digital euro
By
Stefan Krempl
Summary
The EU Parliament's Committee on Economic and Monetary Affairs (ECON) has adopted its position on the digital euro, voting with a clear majority for the legal basis of a European central bank digital currency (CBDC). The "single currency package" consists of three draft laws covering the digital euro itself and its provision in non-euro EU states. Key themes include privacy protections, cash protection, and reducing dependence on US corporations. The project has cleared a formal hurdle following a breakthrough by Parliament's negotiators in early June.
Source
bskyEU Parliament committee adopts legal framework for digital euroheise.deKey quotes
· 3 pulledThe EU Parliament's Committee on Economic and Monetary Affairs (ECON) adopted its position on the digital euro on Tuesday.
With a clear majority, the MEPs voted for the legal basis of a digital European central bank currency.
The prestige project thus takes the next formal hurdle.
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