Banking on it: How close is Europe to getting a digital currency?

As the EU weighs up plans to introduce a digital euro, Jonathan Keane looks at the hurdles that need to be overcome

For the EU to successfully develop a digital currency would be a watershed moment for digital currency, but it is one with many hurdles to cross before ever reaching that point

The digital euro has been on the tip of many a tongue of late. Talk around the development of a digital currency in the eurozone has been getting more attention in the corridors of power than usual.

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At the World Economic Forum in Davos recently, the European Commissioner for financial services Mairead McGuinness spoke of the commission’s plan to develop legislation to make ...