Wednesday, December 11, 2024

Tag: The digital euro is already being developed through European banks

The digital euro is already being developed through European banks

by Rhoda Wilson, Expose News:

Through the European Central Bank’s ‘climate and nature plan’, banks that fall under its supervision are being reviewed and subjected to on-site inspections to monitor the progress of their “digital transformations.”

Although no specific details are given on what “digital transformation” goals banks have been set, we can deduce by following the document trail that this equates to the preparation phase of the digital euro, the European Union’s central bank digital currency (“CBDC”).