European Commission: Draft digital euro to be introduced in early 2023

On February 14, it was reported that the European Union’s executive body is preparing to start a public consultation on the digital euro project next month. In addition, the European Commission is proposing new laws to lay the legal basis for a digital euro. Recently, the European Commissioner for Financial Services Mairead McGuinness announced the current legislative plan at the Fintech Conference: the first draft is expected to be completed in early 2023.