Italian banks back the digital euro but seek staggered implementation costs
The main Italian banks expressed support for the digital euro project, but demanded that implementation costs be spread over time so as not to strain...
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Digital Euro could be curtailed under EU lawmaker’s proposal
A leading European Parliament rapporteur is putting forward amendments that would significantly limit the scope of the proposed Euro-zone digital currency. The new language conditions...
ECB sets 2029 as the target date to release the digital euro
The European Central Bank plans to release the digital euro in 2029, setting a clear horizon for technology, legal design and market rollout. In the...
Euro and Dollar are at Parity for the First Time in 20 Years
The Euro and the US dollar have hit parity for the first time in 20 years, indicating that the two currencies are equal in value....