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The digital euro: a digital form of cash
As we move towards a digitalised economy, a digital euro would be the natural evolution of our currency. A digital euro would complement cash, not replace it. What is a digital euro? The digital euro is central bank money for retail payments made by citizens and businesses in the entire euro area. 5 unique characteristics: • Free for citizens and inclusive by design. • Available for any digital payments throughout the euro area. • Covering transactions online, person-to-person, in shops or with the government. • High privacy standards. • Also available offline. A digital euro would serve the 347 million ... (full story)