ECB Draws Digital Euro Privacy Boundary Around Banks
The ECB says it would not be able to identify digital euro payers or recipients, while banks would retain the data needed for anti-money-laundering checks.
The ECB says it would not be able to identify digital euro payers or recipients, while banks would retain the data needed for anti-money-laundering checks.
India is reportedly preparing a September pilot in which REC would issue tokenized corporate bonds and investors would settle purchases with wholesale CBDC.
The ECB has detailed proposed accessibility features for its digital euro app, setting design expectations for providers ahead of a 2027 pilot.
Project Hangang’s second phase could restart real-value testing in September with nine banks, P2P transfers and programmable government payments.
The 12-month exercise will test a beta digital euro across person-to-person, in-store and online payments, without conferring legal tender status.