While plans to usher in centralized, government-controlled money are receiving some pushback in the U.S., the consensus in Europe seems to be in favor of introducing a central bank digital currency (CBDC), i.e., the digital euro.
And now the question is how exactly to proceed, including by determining strategic objectives.
In the eurozone – made up of the 20 (out of 27) EU members that have adopted the euro – merchants might find themselves under obligation to accept a future European Central Bank (ECB) digital currency.