Prelude to a Digital Euro: European Central Bank Joins the CBDC Race

A new report explores the advantages, impacts, and approaches the Eurosystem is considering as it contemplates a digital currency. In October 2020, the European Central Bank (ECB) published a Report on a Digital Euro (the Report). The Report sets out the main findings of a task force initiated in early 2020 to investigate the potential for a central bank digital currency (CBDC) in the euro area....
By: Latham & Watkins LLP

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