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EU to set out legal underpinnings for a digital euro (www.reuters.com)

submitted 2 years ago* (last edited 2 years ago) by vudu@kbin.social to c/Europe@kbin.social

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The European Union is due on Wednesday to publish draft rules that give legal underpinnings for a digital euro, if the European Central Bank decided to issue one in coming years.

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[–] briefingWizard936@kbin.social 1 points 2 years ago* (last edited 2 years ago)

I already have digital euro on Revolut.

Euro is already digital. When they debase our money they add new zeros in the ECB accounting software first, before running the printers.

ECB:"We need to get rid of these pesky paper notes and printers so we can reduce the cost inflating the supply to 0."