Digital euro: a payment revolution? 

In June 2023, the EU Commission went public with a go decision and a legislative proposal on a digital euro with the aim to create a complementary near-cash legal tender for the digital era.

Fostering the independence of Europe’s payment system, creating a new monetary policy instrument and providing a new platform for innovation seem to dominate the European Union’s motivation for the digital euro. 

Read more about the prospects of the introduction, the design and the impact of the digital euro on the industry.