The European Central Bank (ECB) is poised to introduce a digital euro within the next three years, following endorsement from the EU Council. The Council has approved the design of the digital currency, which will support both online and offline transactions.
Regulatory frameworks for digital assets are anticipated to play a significant role in the rollout of the digital euro. Authorities have highlighted the importance of incorporating measures to counter the financing of terrorism as a critical aspect of the currency's design process.
ECB Targets Digital Euro Launch Within Three Years Backed by EU Council
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