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European Central Bank to Launch New Digital Euro Pilot in 2025

The ECB plans a fresh test phase for its central bank digital currency, aiming to evaluate functionality and integration.

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Terms & Concepts
  • Digital Euro: A proposed central bank digital currency issued by the European Central Bank, intended to provide a secure, electronic form of euro.
  • Central Bank Digital Currency (CBDC): A digital form of a nation's fiat currency, issued and regulated by its central bank.