European Central Bank to Spend EUR 1.3B on Digital Euro Development
Mood
thoughtful
Sentiment
neutral
Category
tech
Key topics
digital euro
central bank digital currency
European Central Bank
financial technology
The European Central Bank plans to invest EUR 1.3B in developing a digital euro, sparking discussions about the implications and potential use cases of a central bank digital currency.
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- 01Story posted
10/30/2025, 6:25:11 PM
19d ago
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10/30/2025, 8:01:13 PM
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4 comments in Day 1
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10/31/2025, 5:21:20 PM
18d ago
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Can someone explain to me what digital euro is? Is it a different currency? Is not, are the euros on my bank's computers also digital euros?
https://en.wikipedia.org/wiki/Central_bank_digital_currency
> central bank digital currency (CBDC) is a digital version of a country's official currency, created by the nation's central bank
It seems impossible to find a clear explanation.
Digital in sense that it it's not physical bank note, but app or something similar.
Here are longer explanation what they want to achieve.
https://www.ecb.europa.eu/euro/digital_euro/timeline/profuse...
So the money will belong to the app and you can borrow some from time to time. /s
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