The digital euro, stablecoins, and the banking sector; 1st ed.

Palá Laguna, Reyes

En : Digital assets and the law: fiat money in the era of digital currency
2024
Routledge London; New York
ISBN: 9781032192277
Pp: 297-308

Resumen: Nowadays the debate in developed economies is no longer whether a digital currency will be implemented, but how to implement a central bank digital currency (CBDC). The common consensus is that a CBDC will inevitably be used as a means of payment. This article analyses EU strategy on stablecoins, bearing in mind the Digital Euro Project, the consequences of the expected adopting of the European Markets in Crypto-assets Regulation (MiCA) from 2024, and the implications for the banking sector of the implementation of the digital euro as a new means of payment in the Eurozone.