Digital Euro Clears Key Hurdle to Rollout in EU Parliament

European Union lawmakers cleared the way for talks on the legal framework underpinning the digital euro, a project vital for the bloc’s monetary independence. An EU committee advanced a bill backing rules for both offline and online digital euro versions. These regulations incorporate specific privacy safeguards and established holding limits. Additionally, the framework ensures that no interest payments will be provided, marking a key hurdle cleared for the official rollout of the digital currency across the EU.