The Results of the ‘Digital Euro’ CBDC Trials Are Finally Here By DailyCoin – Investing.com

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The Results of the ‘Digital Euro’ CBDC Trials Are Finally Here By DailyCoin – Investing.com

The Results of the ‘Digital Euro’ CBDC Trials Are Finally Here

Cryptocurrencies, such as bitcoin, ethereum, and several other altcoins have gained immense popularity over the last couple of years, establishing themselves as potential competitors of fiat currencies.

This, in turn, has led many leading central banks all over the world to contemplate launching their own versions of digital currencies. While several countries are already researching the possibilities, the European Central Bank (ECB) has been working on an experimental ‘digital euro’, testing different compatible solutions since September 2020.

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