ECB President: The EU will soon propose legislation on a digital euro

ECB President Christine Lagarde said in a video statement at the conference “Towards a legislative framework for citizens and businesses to provide a digital euro” that the European Commission will present legislative proposals on the digital euro “soon.” Lagarde said the timely adoption of a legal framework for the digital euro would provide all stakeholders with the necessary legal certainty, prepare for a possible introduction and send a strong signal of political support. I very much look forward to the legislative proposal to establish a digital euro, which the European Commission will present soon.