The European Central Bank has finalized the prototype of the digital euro and will decide by the end of the year whether to develop it in a new format

ChainCatcher news, the European Central Bank (ECB) has finalized the prototype of the digital euro and is set to make a decision later this year on whether to develop the digital euro in a new format.

The European Central Bank stated that the design of its potential central bank digital currency (CBDC) could promote innovation, but it seems to hold more skepticism towards the use of Web3-style distributed ledger technology and smart contracts. (source link)