ທະນາຄານກາງເອີຣົບ (ECB) has recently declared that its digital euro enrollment should prioritize e-commerce and person-to-person payments, with remaining use cases to follow in the second phase of its central bank digital currency (CBDCA) ການພັດທະນາ.
Indeed, peer-to-peer and e-commerce payments assume seniority in the sequence of use case rollout for the digital euro in the first release, followed by other contexts, such as physical stores and government payments, in the second, according to the ‘Rollout approach for the digital euro’ ເອກະສານ ຈັດພີມມາໃນວັນທີ 22 ກຸມພາ.
According to the ECB’s digital euro project team:
“Multiple use cases are required to address the variety of end-user needs and market gaps across [euro area (EA)] countries, responding to a landscape with diverse payment behaviors and preferences.”
In their view, such a “staggered approach” has multiple practical advantages, as it would contribute to “ensuring a smooth end-user payment experience (i.e., gradual understanding and adoption of the different use cases and ເຕັກໂນໂລຊີ by end-users)” and “reduce the implementation complexities associated to (e.g., rolling out at pan-EA level).”
Earlier in September 2022, ECB president Christine Lagarde ຄໍາເຫັນ on the institution’s plans to unveil a digital euro, suggesting that it should be “borderless, it shouldn’t be borderline, and it should certainly not cross the line, which is why it should be ຖືກຄວບຄຸມ and properly supervised.”
ECB’s attitude toward crypto
Elsewhere, the ECB has demonstrated a reluctant attitude towards the ຂະ ແໜງ ການ cryptocurrency, as it sent out a ການເຕືອນໄພ to eurozone countries in July 2022 about the dangers of regulators getting ahead of the Regulation on Markets in Crypto-Assets (MiCA) law that isn’t expected to come into full effect before 2024.
In January 2023, the ECB’s executive Fabio Panetta ສະຫນັບສະຫນູນ ສໍາລັບລະບຽບການຂອງ ການລົງທຶນ in cryptocurrencies like gambling due to, in his view, their “speculative” nature and lack of “any socially or economically useful function,” as ນ້ ຳ ມັນ Finbold ລາຍງານ.
More recently, the ECB supervisors suggested that ທະນາຄານ in the European Union (EU) should start applying caps ໃນ Bitcoin (BTC) holdings before the global regulatory framework set out by the Basel Committee on Banking Supervision (BCBS) becomes legally binding, citing potential risks from the crypto assets spilling over into the ຂະ ແໜງ ການທະນາຄານ.
Source: https://finbold.com/ecb-plans-prioritizing-p2p-and-online-payments-in-digital-euro-rollout/