Italian banks ask the ECB to encourage the implementation costs that create the digital euro back
Italian banks have expressed their support for the European Central Bank's (ECB) digital euro initiative, but have called for it to spread over several years due to the financial burden on the sector.
The General Manager of the Italian Banking Association, the General Manager of the Italian Banking Association (ABI), Romainar in a press seminar in Florence, Reuters reported on Friday.
“The costs of the project, mainly the cost of the banks, are very high in the normal situation. It can be spread over time,” he said.
The comments meet resistance from some French and German banks, which fear withdrawals from commercial lenders' deposits, such as the Central Bank's central bank deposit (CCDD) project.
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The ECB sets a 2029 target for the launch of the digital euro
In the year On October 29-30, the Ethiopian Administrative Council in Florence approved the continuation of the project to the next stage after two years. Pending the adoption of the EU law, the pilot phase is expected to begin in 2027.
As an idea, the European Parliament member Fernandonavist, who is in charge of the parliamentary review of the parliamentary systems, in the report of UNERARAN, common utility systems, etc.
The ECB has called for a “tail approach” to integrate the digital euro with commercial bank-backed digital currencies. He added, “Europe would have fallen if it had nothing to do.”
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E.C.B.B. They are competing with technical companies for the development of the digital euro
Last month, the E.C.E.E.D. Agreements cover fraud and risk management, secure payment information exchange and software development.
Among the participating companies are the fraud-verification specialist and the security technology company GieSecke + GieSecke (g + d).
According to E.C.I.
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