Italian Banks Lend Support to Central Bank Digital Currency Initiatives

Finextra

“The Italian Banking Association (ABI) says its members are ready to participate in pilot projects for a European-level central bank digital currency (CBDC). The ABI last year established an Expert Group dedicated to exploring digital money and crypto assets.Asserting that monetary stability and a full respect of the European regulatory framework must be taken in account as a priority, the Group has come out broadly in favour of bank support for central bank currency trials.”