EU must keep ahead of digital currency curve, says top EU official ...Middle East

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The European Union cannot afford to be "behind the curve" in moves by central banks to issue digital versions of their currency, a top EU official said on Wednesday. The euro is the world's second most traded currency, European Commission Vice President Valdis Dombrovskis told a news conference to propose a legal underpinning for a retail digital euro if the European Central Bank decides in October to push ahead with preparations for issuing one.

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