Clifford Chance

What does the European Commission's digital euro proposal mean for the future of money in the EU?

20 July 2023

On 28 June 2023, the European Commission published its proposals for a digital euro as part of a ‘Single Currency Package’. The proposal shows what the potential scope of the currency and some of its key features might be. However, much has still to be confirmed, including whether a digital euro will ever be issued.

We will consider some of the proposed key features of the digital euro and the next steps in the EU legislative process.

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