Digital Euro Clears Key Parliament Hurdle As Europe Pushes CBDC Plan Forward

TL;DRThe European Central Bank’s digital euro project secured key parliamentary backing on Tuesday.The vote moves Europe in the opposite direction from US lawmakers who are pushing to restrict a Fed-issued CBDC.The bill still faces debate, but the direction of travel is clear: Europe wants a state-backed digital payment option.Europe Moves Its CBDC Plan ForwardThe European Central Bank’s digital euro project has cleared an important political hurdle after gaining key parliamentary ba