European parliament votes for online and offline digital euro

European parliament votes for online and offline digital euro – Central Banking

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MEPs’ stance on CBDC is now closer to that of EU heads of government


Digital euros

The European Parliament has voted to approve the European Central Bank’s proposal for both online and offline versions of the digital euro.

In a vote on February 10, members of the European Parliament (MEPs) decided to reject an earlier proposal by the parliamentary rapporteur that would have restricted the digital euro to an offline version only. 

The parliament and the European Council – comprising the 27 EU heads of government –  must agree on a legal framework for the CBDC before the ECB can

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