
The banking industry is awaiting the ECB’s decision on which institutions will be selected for the digital euro pilot project. From Germany, Deutsche Bank, Helaba, DZ Bank, and Payone submitted applications. The results are expected in July. Here’s what the timeline for the digital euro looks like.
KPMG Law expert Marc Pussar provides more details on this topic.
“The digital euro is explicitly not intended to be a surveillance currency.”
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