Draft Bill for Digital Euro from the European (EU) Commission

The President of the European Central Bank (ECB) Christine Lagarde has announced that the European Commission will soon present a legislative proposal for a digital euro.

Christine Lagarde for citizens and businesses digital euro At a conference on the legal framework enabling the use of of the European Commission He said he would soon propose a digital euro legislative proposal. Lagarde hopes that the timely adoption of a legal framework for the digital euro is for other members. necessary legal certainty will give and a strong support signal stated it would.

President Lagarde gave his speech on the digital euro that the European Commission will propose shortly. legislative proposal He added that he was looking forward to it. While the CBDC project initiated by the ECB in 2021 continues to be developed, april and june institution between public consultations did and The evolution of the digital euro received outside opinions about it.

On the agenda of the European Commission, the digital euro will bring risks and against them measures existed.

European Union Commissioner Paolo Gentiloni also made statements at the same conference. Gentilonia, In a statement, he said that the CBDC to be released violates the sovereignty of other countries. before to pass for one international deals network Said it might be needed.

Governor of the Central Bank of the Bahamas John Rolle In contrast to Gentiloni’s statements, the cross-border use of CBDCs is focused on the needs that can be expressed in this arena by the Bahamas and small countries. in an inclusive manner stated that it is very important.

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