The EU will release the digital euro CBDC bill on June 28, prohibiting its use for paying interest or additional fees

2023-06-15 19:24:31
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According to ChainCatcher news, a draft law seen by CoinDesk indicates that the European Commission will release the EU Digital Euro Bill on June 28, which will prohibit the use of the digital euro to pay interest or fees. Furthermore, the bill states that from the first issuance of the digital euro CBDC, cash offline payments must be supported to protect privacy, and users cannot program it to restrict subsequent use. For offline transactions, neither the European Central Bank nor payment service providers can access personal transaction data, and banks distributing the digital euro can send detailed information about the source of account funds to financial crime authorities in cases of suspected money laundering. (CoinDesk)

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