ECB: Digital euro should prioritise online, peer-to-peer payments

02/24 11:24

The digital euro should prioritise online shopping and payments between friends, according to an ECB document published on its website. Shop and government transfers may take longer to develop, but basic personal use should be free. Other uses, such as paying taxes, receiving welfare payments and even paying in physical shops, will only come in the second phase of development of the Central Bank Digital Currency (CBDC) that will follow.
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