The European Union is cautious about launching a CBDC
Mairead McGuinness, the European Commissioner for Financial Services, believes there’s no need to rush the launch of a digital euro before the next EU elections in June 2024. She advises the next EU Commission to take a careful and measured approach to the CBDC rollout. Furthermore, McGuinness mentioned that the European Central Bank will finalize its stance on the project this coming October.
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Mairead McGuinness, the European Commissioner for Financial Services, believes there's no need to rush the launch of a digital euro before the next EU elections in June 2024.
She advises the next EU Commission to take a careful and measured approach to the CBDC rollout.
Furthermore, McGuinness mentioned that the European Central Bank will finalize its stance on the project this coming October.
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