Italian Banking Association To Join ECB Digital Currency Projects

Yesterday the Italian banks Association ABI declared the openness of Italian banks to take part in the central bank electronic money function of the European Central Bank (ECB).

Given that experience, it might be a candidate for a trial country for a euro.

The team also emphasized possible inventions a CBDC May enable, for example, a decrease in interest rate and counterparty risks obligations, P2P trades, and the capability to get programmable or smart cash.

They may become involved with CBDC research. Many countries within the eurozone have put.

This past year that the Association of German Banks put out its ideas on the electronic Euro.

One Of the recent books was a newspaper researching how the CBDC might discourage usage for a shop of value.

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Henry Francis

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