ECB Says Digital Euro Is Ready, Legislative Approval Next Step

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European Central Bank (ECB) officials said on Thursday that the digital euro is technically ready, with legislative approval now the next step. The ECB confirmed during its year-end press conference that the European Council and Parliament will review the proposal. ECB President Christine Lagarde said the institution has completed its work and now awaits political decisions. The project includes safeguards to support Countering the Financing of Terrorism and aligns with digital asset regulation goals. The digital euro aims to be widely accessible, legally recognized, and supportive of financial stability, privacy, and inclusivity.
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